Ludwig von Mises: "We must comprehend that it is impossible to improve the economic conditions of the underdeveloped nations by grants in aid. If we send them foodstuffs to fight famines, we merely relieve their governments from the necessity of abandoning their disastrous agricultural policies." - Money, Method, and the Market Process
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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