The function of saving is to make possible the realization o... - Joseph Schumpeter

This quote is attributed to Joseph Schumpeter.

"The function of saving is to make possible the realization of those new combinations that are not compatible with existing conditions."

Joseph Schumpeter Work

Economist Historian Austrian-American 1883–1950

More from Joseph Schumpeter

"The entrepreneur is the pivotal actor in the capitalist economy."

"Innovation is the outstanding fact in the economic history of capitalist societies."

"Capitalism is being killed by its achievements."

"The function of entrepreneurs is to reform or revolutionize the pattern of production."

"Hard work never killed anybody."

"Work with purpose and integrity."

"Hard work pays off in the end."

"A man's gotta do what a man's gotta do."