Access to the national dividend is usually to be had only on condition of some productive service previously rendered or of some product previously sold. This condition is, in this case, not yet fulfilled. It will be fulfilled only after the successful completion of the new combinations. Hence this credit will in the meantime affect the price level.
Joseph SchumpeterRelated topics
case completion condition credit dividend national sold service yetRelated quotes
Hereditary succession has no claim. For all men being originally equals, no one by birth could have the right to set up his own family in perpetual preference to all others for ever, and tho' himself might deserve some decent degree of honours of his contemporaries, yet his descendants might be far too unworthy to inherit them.
Thomas Paine
As we know, the goal of every struggle is victory. But if the proletariat is to achieve victory, all the workers, irrespective of nationality, must be united. Clearly, the demolition of national barriers and close unity between the Russian, Georgian, Armenian, Polish, Jewish and other proletarians is a necessary condition for the victory of the proletariat of all Russia.
Joseph Stalin
When the head of a goat is severed from its body, the trunk struggles for some time, still showing signs of life. Similarly, though ahamkara (egotism) is slain in the perfect man, yet enough of its vitality is left to make him carry on the functions of physical life; but it is not sufficient to bind him again into the world.
Ramakrishna
What the English call "comfortable” is something endless and inexhaustible. Every condition of comfort reveals in turn its discomfort, and these discoveries go on for ever. Hence the new want is not so much a want of those who have it directly, but is created by those who hope to make profit from it.
Georg Wilhelm Friedrich Hegel
Most entrepreneurs come up with a product, or they come up with an idea and they think they can be successful with it. But if they don't know the financial side of their business and understand credit and working capital and what it takes money-wise, you can't be successful. The product is just a product.
Tilman J. Fertitta