Joseph Schumpeter Quote

Gentlemen, a depression is for capitalism like a good, cold douche.


To economics students, recorded by R. L. Heilbroner, The Embarrassment of Economics, 1996


Gentlemen, a depression is for capitalism like a good, cold douche.

Gentlemen, a depression is for capitalism like a good, cold douche.

Gentlemen, a depression is for capitalism like a good, cold douche.

Gentlemen, a depression is for capitalism like a good, cold douche.