---
title: "3 Cycles Quotes By Joseph A. Schumpeter"
description: "3 Cycles quotes by Joseph A. Schumpeter. Plus more from Joseph A. Schumpeter and more Cycles sayings from other authors."
image: "https://sms4smile.com/quotes/i/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg"
---

> [ All we can thus far say about the duration of the units of \[the business cycle\] and each of \[its\] two phases… ](https://sms4smile.com/quotes/joseph-a-schumpeter/all-we-can-thus-far-say-about-the-duration-of-the-units-of-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

[Image](https://sms4smile.com/quotes/i/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg)

> [Those revolutions are not strictly incessant; they occur in discrete rushes which are separated from each other by spans of comparative quiet.…](https://sms4smile.com/quotes/joseph-a-schumpeter/those-revolutions-are-not-strictly-incessant-they-occur-in-discrete/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

[Image](https://sms4smile.com/quotes/i/5c9/joseph-a-schumpeter-9723_absorption_those-revolutions-are-not-strictly-inces_1355397.jpg)

> [It is, after all, only common sense to realize that, but for the fact that economic life is a process of incessant…](https://sms4smile.com/quotes/joseph-a-schumpeter/it-is-after-all-only-common-sense-to-realize-that-but-for-the-fact/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

[Image](https://sms4smile.com/quotes/i/3bf/joseph-a-schumpeter-9723_business_it-is-after-all-only-common-sense-to-rea_2855187.jpg)

## Other authors on Cycles

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-frederick-lenz-36205.jpg) Frederick Lenz 26 quotes ](https://sms4smile.com/quotes/about/cycles/frederick-lenz/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 7 quotes ](https://sms4smile.com/quotes/about/cycles/barack-obama/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b015/author-lance-armstrong-58455.jpg) Lance Armstrong 5 quotes ](https://sms4smile.com/quotes/about/cycles/lance-armstrong/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-gautama-buddha-37107.jpg) Gautama Buddha 5 quotes ](https://sms4smile.com/quotes/about/cycles/gautama-buddha/)

## More by Joseph A. Schumpeter

> [In economic life competition is never completely lacking, but hardly ever is it perfect.](https://sms4smile.com/quotes/joseph-a-schumpeter/in-economic-life-competition-is-never-completely-lacking-but-hardly/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Pessimistic visions about almost anything always strike the public as more erudite than optimistic ones](https://sms4smile.com/quotes/joseph-a-schumpeter/pessimistic-visions-about-almost-anything-always-strike-the-public-as/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The perennial gale of creative destruction](https://sms4smile.com/quotes/joseph-a-schumpeter/the-perennial-gale-of-creative-destruction/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [At the heart of capitalism is creative destruction.](https://sms4smile.com/quotes/joseph-a-schumpeter/at-the-heart-of-capitalism-is-creative-destruction/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [There exists no more democratic institution than the market](https://sms4smile.com/quotes/joseph-a-schumpeter/there-exists-no-more-democratic-institution-than-the-market/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [ All we can thus far say about the duration of the units of \[the business cycle\] and each of \[its\] two phases is that… ](https://sms4smile.com/quotes/joseph-a-schumpeter/all-we-can-thus-far-say-about-the-duration-of-the-units-of-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The religious quality of Marxism also explains a characteristic attitude of the orthodox Marxist toward opponents. To him, as to any believer in a…](https://sms4smile.com/quotes/joseph-a-schumpeter/the-religious-quality-of-marxism-also-explains-a-characteristic/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Want and effective demand are not the same thing. If they were, the poorest nations would be the ones to display the most vigorous…](https://sms4smile.com/quotes/joseph-a-schumpeter/want-and-effective-demand-are-not-the-same-thing-if-they-were-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [I know that it is not enough to be remembered for books and theories. One does not make a difference unless it is a…](https://sms4smile.com/quotes/joseph-a-schumpeter/i-know-that-it-is-not-enough-to-be-remembered-for-books-and-theories/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.](https://sms4smile.com/quotes/joseph-a-schumpeter/entrepreneurial-profit-is-the-expression-of-the-value-of-what-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [ Surely, nothing can be more plain or even more trite common sense than the proposition that innovation \[...\] is at the center of practically… ](https://sms4smile.com/quotes/joseph-a-schumpeter/surely-nothing-can-be-more-plain-or-even-more-trite-common-sense-than/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The stock exchange is a poor substitute for the Holy Grail.](https://sms4smile.com/quotes/joseph-a-schumpeter/the-stock-exchange-is-a-poor-substitute-for-the-holy-grail/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an…](https://sms4smile.com/quotes/joseph-a-schumpeter/for-the-duration-of-its-collective-life-or-the-time-during-which-its/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The ballot is stronger than bullets.](https://sms4smile.com/quotes/joseph-a-schumpeter/the-ballot-is-stronger-than-bullets/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Economic progress, in capitalist society, means turmoil.](https://sms4smile.com/quotes/joseph-a-schumpeter/economic-progress-in-capitalist-society-means-turmoil/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/#itemlist",
            "name": "3 Cycles Quotes By Joseph A. Schumpeter",
            "numberOfItems": 3,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "All we can thus far say about the duration of the units of [the business cycle] and each of [its] two phases is that it will depend on the nature of the particular innovations that carry a cycle,... and the financial conditions and habits prevailing in the business community in each case.",
                        "creator": {
                            "@type": "Person",
                            "name": "Joseph A. Schumpeter"
                        },
                        "url": "https://sms4smile.com/quotes/joseph-a-schumpeter/all-we-can-thus-far-say-about-the-duration-of-the-units-of-the/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg",
                            "url": "https://sms4smile.com/quotes/i/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“All we can thus far say about the duration of the units of [the business cycle] and each of [its] two phases…” — Joseph A. Schumpeter",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "Those revolutions are not strictly incessant; they occur in discrete rushes which are separated from each other by spans of comparative quiet. The process as a whole works incessantly however, in the sense that there always is either revolution or absorption of the results of revolution, both together forming what are known as business cycles.",
                        "creator": {
                            "@type": "Person",
                            "name": "Joseph A. Schumpeter"
                        },
                        "url": "https://sms4smile.com/quotes/joseph-a-schumpeter/those-revolutions-are-not-strictly-incessant-they-occur-in-discrete/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/5c9/joseph-a-schumpeter-9723_absorption_those-revolutions-are-not-strictly-inces_1355397.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/5c9/joseph-a-schumpeter-9723_absorption_those-revolutions-are-not-strictly-inces_1355397.jpg",
                            "url": "https://sms4smile.com/quotes/i/5c9/joseph-a-schumpeter-9723_absorption_those-revolutions-are-not-strictly-inces_1355397.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Those revolutions are not strictly incessant; they occur in discrete rushes which are separated from each…” — Joseph A. Schumpeter",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "item": {
                        "@type": "Quotation",
                        "text": "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.",
                        "creator": {
                            "@type": "Person",
                            "name": "Joseph A. Schumpeter"
                        },
                        "url": "https://sms4smile.com/quotes/joseph-a-schumpeter/it-is-after-all-only-common-sense-to-realize-that-but-for-the-fact/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/3bf/joseph-a-schumpeter-9723_business_it-is-after-all-only-common-sense-to-rea_2855187.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/3bf/joseph-a-schumpeter-9723_business_it-is-after-all-only-common-sense-to-rea_2855187.jpg",
                            "url": "https://sms4smile.com/quotes/i/3bf/joseph-a-schumpeter-9723_business_it-is-after-all-only-common-sense-to-rea_2855187.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“It is, after all, only common sense to realize that, but for the fact that economic life is a process of…” — Joseph A. Schumpeter",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/#webpage",
            "url": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/",
            "name": "Cycles Quotes by Joseph A. Schumpeter",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg"
            },
            "description": "3 Cycles quotes by Joseph A. Schumpeter. Plus more from Joseph A. Schumpeter and more Cycles sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Cycles",
                    "item": "https://sms4smile.com/quotes/about/cycles/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "Joseph A. Schumpeter",
                    "item": "https://sms4smile.com/quotes/about/cycles/joseph-a-schumpeter/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
