Ludwig von Mises: "We owe the origin and development of human society and, consequently, of culture and civilization, to the fact that work performed under the division of labor is more productive than when performed in isolation." - Epistemological Problems of Economics
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|Ludwig von Mises||The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.||The Anti-Capitalistic Mentality|| p. 84||Savings
|Ludwig von Mises||Capital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on the part of man. It is created and increased by saving and maintained by the abstention from dissaving.||The Anti-Capitalistic Mentality|| p. 84||Savings
|Ludwig von Mises||The most ingenious technological inventions would be practically useless if the capital goods required for their utilization had not been accumulated by saving.||The Anti-Capitalistic Mentality|| p. 39||Savings