“the only way in which a whole country may save is by reducing its consumption. Consumption is therefore the destruction of wealth, whereas savings makes it possible to multiply it. Let us take a similar example to that given by… — Axel Kaiser Copy Share Image
“Let us then move on to what may be considered as the mother of all anticapitalist myths: the idea that the so called “business… — Axel Kaiser Copy Share Image
“the only way in which a whole country may save is by reducing its consumption. Consumption is therefore the destruction of wealth, whereas savings… — Axel Kaiser Copy Share Image
“the primordial artifact- of the Kaaba of canonical economics today is the claim that the free market somehow caused, and failed to cure, the… — Axel Kaiser Copy Share Image
“Needless to say, this idea that the origin of prosperity is hard work and frugality was exhaustively formulated by Adam Smith in The Wealth… — Axel Kaiser Copy Share Image
