"Society will oscillate between long periods of relative stagnation in which state-protected privileges crowd out experiments in the organization of production and brief interludes in which much is destroyed before anything can be created. To perpetuate the practice of innovation, societies must replace such drastic and violent swings with a more constant liquefaction of deals and privileges. They must invent the structures that make structures easier to change."
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"The technology for using base motives to productive economic effect is reasonably well understood. Indeed, the history of the twentieth century encourages the thought that the easiest way to generate …"
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