A Quote by Joseph A. Schumpeter

It is, after all, only common sense to realize that, but for the fact that economic life is a process of incessant internal change, the business cycle, as we know it, would not exist.
When you educate a girl, you kick-start a cycle of success. It makes economic sense. It makes social sense. It makes moral sense. But, it seems, it's not common sense yet.
I liked Trump's honesty because it was different and had a chance to change the business of politics. What I didn't realize he was missing at the time was a complete and utter lack of preparation, knowledge, and common sense.
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.
Common sense dictates that a trace gas needed for life on the planet would not be the cause for destroying life on the planet. Common sense dictates that what has happened before without man can happen again with man. Common sense would dictate that you not believe me, or any one else, but go look for YOURSELF.
We believe that marriage, by its very definition, can exist only between a man and a woman. Moreover, study after study - not to mention common sense - show that children fare better in life when raised in a home with a loving father and mother in a stable, committed relationship.
Many expressions that are in common usage, and sometimes the structure of language itself, reveal the fact that people don't know who they are. You say: "He lost his life" or "my life," as if life were something that you can possess or lose. The truth is: you don't have a life, you are life. The One Life, the one consciousness that pervades the entire universe and takes temporary form to experience itself as a stone or blade of grass, as an animal, a person, a star or a galaxy. Can you sense deep within that you already know that? Can you sense that you already are That?
If we're going to forecast the business cycle, surely it is a good idea to know the business cycle. Sounds reasonable, but it's not that easy.
As we progress along the intercultural journey, we become self-reflective about habits of heart and mind and the ways these are expressed in daily life. We develop strategies for encountering change, unfamiliarity and ambiguity in creative ways. We begin to realize that what is taken, as "common sense" is really "cultural sense". Our life becomes richer and deeper for having encountered differences.
For decades, I thought that scientific truth, solid economic case studies, and common sense were enough to bring about change on the environmental front. After all, the data is so compelling! I thought that if people just understood the severity of today's environmental threats and knew about available solutions, those solutions would happen. Not so.
I don't think either party has any idea what's headed their way. Their business is to remain mired in process. They call it deliberation, thoughtful, reasonable deliberation. Trump doesn't know any of that. Trump is not a process guy. To him, process is delay. Process is obfuscation. Process is incompetence. People engaging in process are a bunch of people masking the fact they don't know what they're doing, and he has no time for 'em and no patience.
Most marketers think there's a concept called a product life cycle. Once you realize that the world is organized by jobs that need to be done, you understand that product life cycles don't exist.
All change is change for the better. There is no such thing as "change for the worse." Change is the process of Life Itself, and that process could be called by the name 'evolution.' And evolution moves in only one direction: forward, and toward improvement.
In business, in the music world, people know that I can be very friendly and warm but that, after a certain moment, the business is closed. I like to be alone: in order to concentrate on my work, the social life does not exist. It has never existed for me, really. I have chosen instead the working life because I prefer that.
The SPF Act is just one of many common sense bills I plan on dropping. This act finally ends the yearly forwards/backwards time-change cycle.
What I know for sure is that it's only when you make the process your goal that the big dream can follow. That doesn't necessarily mean your process will necessarily lead you to wealth or fame. In fact, your dream may have nothing to do with tangible prosperity and everything to do with creating a life filled with joy, one with no regrets and a clear conscience. I've learned that wealth is a tool that gives you choices, but it can't compensate for a life not fully lived and it certainly can't create a sense of peace within you.
Common sense tells us that the things of the earth exist only a little, and that true reality is only in dreams.
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