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If people do not consume their whole incomes, the non-consumed surplus can be invested, it increases the amount of capital goods available and thereby makes it possible to embark upon projects which could not be executed before.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Amount
Increases
Possible
Consumed
Embark
Upon
Capital
Incomes
Makes
Goods
Executed
Whole
Income
Surplus
People
Available
Invested
Projects
Consume
Increase
Thereby

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The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
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If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other benefits from the treasury, democracy is done for.
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