Ocupation: Philosopher
Life: September 29, 1881 - October 10, 1973
Birthday: September 29
Death: October 10
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.
source: Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.84, Ludwig von Mises Institute
topic: Men, Free Gifts, Saving, Abstention