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Joseph A Schumpeter: The question that...

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The question that is so clearly in many potential parents' minds: Why should we stunt our ambitions and impoverish our lives in order to be insulted and looked down upon in our old age?

Source: Capitalism, Socialism and Democracy, ch. 14, 1942.
-- Joseph A Schumpeter, (Feb 8 1883-1950), Moravian-US economist, sociologist; He was well known for his theories of capitalist development and business cycles.


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