A Quote by Ludwig von Mises

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

Ludwig von Mises

Quote Topics

American American Voters Brought Capital Every Head Hundred Hundred Years Improvement Invested Know Last Leading Living Measure Per Prosperity Quota Realize Result Rise Standard Steady Unprecedented Voters Years

Quote Author

Ludwig von Mises
Austrian - Economist
September 29, 1881 - October 10, 1973

What workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.

Ludwig von Mises

Only by providing leading-edge human capital and knowledge capital can American continue to maintain a high standard of living, including providing national security for its citizens.

Norman Ralph Augustine

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

Clayton M. Christensen

The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.

Ludwig von Mises

There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

Ludwig von Mises

capital is the result of saving, and not of spending. The spendthrift who wastes his substance in riotous living decreases the capital of the country, and therefore the excuse often made for extravagance, that it is good for trade, is based upon false notions respecting capital.

Millicent Fawcett

As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.

Ludwig von Mises

A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.

Ludwig von Mises

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

John Buchanan Robinson

Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the world is awash in capital, but the innovations we need to advance aren't there.

Clayton M. Christensen

Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed.

Ludwig von Mises

History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.

Ludwig von Mises

As you probably know, some American politicians and American journalists refer to Washington, DC as the "capital of the free world." But it seems to me that Brussels, which boasts 1,000 years of history and which serves as the capital of Belgium, the home of the European Union, and the headquarters for NATO, this city has its own legitimate claim to that title.

Joe Biden

I don't believe in capital per se or a priori but I do occasionally believe in personal capital vis-a- vis psychic energy exchange. I use the word "capital" only poetically.

Kool A.D.

The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined.