The most ingenious technological inventions would be practically useless if the capital goods required for their utilization had not been accumulated by saving".
~ Ludwig von Mises, The Anti-Capitalistic Mentality, p. 39
Comentário:
Antony Mueller Imagine Robinson on his island with internet connection. He has all the knowledge at his fingertips yet even with all this konwledge but without capital goods he can't produce any of the goods he wants without first having the necessary capital goods. His knowledge helps him to avoid errors but does not eliminate the need to save.
Nenhum comentário:
Postar um comentário