Dear Professor Klausinger, 
 
In 1930, Schumpeter remarked at the end of his paper read at the AEA  
meeting: "Without entering into the problems of remdeial policy it may  
be stated that there is no difficulty in devising on the basis of this  
diagnosis remedies both for the situation in general and for any  
particular feature of it. In cases like the one before us economics is  
not inferior to, say, medicine either in diagnosis or in remedial  
advice. The difference and the difficulty lies in the fact that our  
patients will not take what we might be able to prescribe". 
 
Josef[sic] Schumpeter, "The Present World Depression: A Tentative  
Diagnosis," American Economic Review, Vol.21, No.1, Supplement, Papers  
and Proceedings of the Forth-third Annual Meeting of the American  
Economic Association (March 1931), p.182 
 
Masazumi Wakatabe 
Waseda University