Absorption Quote by Joseph A. Schumpeter
“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.”
![“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.” quote by Joseph A. Schumpeter](https://sms4smile.com/quotes/img-quotes/d28/joseph-a-schumpeter-9723_business_all-we-can-thus-far-say-about-the-durati_219232.jpg)
![“Surely, nothing can be more plain or even more trite common sense than the proposition that innovation [...] is at the center of practically all the phenomena, difficulties, and problems of economic life in capitalist society.” quote by Joseph A. Schumpeter](https://sms4smile.com/quotes/img-quotes/41e/joseph-a-schumpeter-9723_capitalist_surely-nothing-can-be-more-plain-or-even_384413.jpg)
![“[Pope Francis]sees a world in need of the Gospel, and of friendship with Jesus Christ, as an antidote to the self-absorption and loneliness that are eating away at the solidarity of the human community.” quote by George Weigel](https://sms4smile.com/quotes/img-quotes/79d/george-weigel-9372_absorption_pope-francis-sees-a-world-in-need-of-the_343248.jpg)