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Joseph Alois Schumpeter was an Austrian political economist. He served briefly as Finance Minister of Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship.
“Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.”
“The first thing a man will do for his ideals is lie.”
“This civilization is rapidly passing away, however. Let us rejoice or else lament the fact as much as everyone of us likes; but do not let us shut our eyes to it.”
“Gentlemen, you are worried about the depression[sic]. You should not be. For capitalism, a depression is a good, cold douche.”
Quotes via Wikiquote (CC BY-SA), each with its original source.