--- title: "4 Axel Kaiser Quotes" description: "Axel Kaiser is a Chilean writer, lawyer and political scientist known for his work on free-market economics. Kaiser is a member of the Mont Pelerin Soci..." image: "https://sms4smile.com/quotes/i/97d/axel-kaiser-55271_capitalism_let-us-then-move-on-to-what-may-be-consi_143478.jpg" --- # Axel Kaiser **4** quotes in **11** categories Rate this collection: ★ ★ ★ ★ ★ No ratings yet Axel Kaiser is a Chilean writer, lawyer and political scientist known for his work on free-market economics. Kaiser is a member of the Mont Pelerin Society and has published articles in Forbes and other publications. He is also the author of several books, including The Tyranny of Equality and The P ## Quotes by Axel Kaiser > [“Let us then move on to what may be considered as the mother of all anticapitalist myths: the idea that the so…](https://sms4smile.com/quotes/axel-kaiser/let-us-then-move-on-to-what-may-be-considered-as-the-mother-of-all/) Axel Kaiser [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Image](https://sms4smile.com/quotes/i/97d/axel-kaiser-55271_capitalism_let-us-then-move-on-to-what-may-be-consi_143478.jpg) > [“the only way in which a whole country may save is by reducing its consumption.  Consumption is therefore the destruction of wealth,…](https://sms4smile.com/quotes/axel-kaiser/the-only-way-in-which-a-whole-country-may-save-is-by-reducing-its/) Axel Kaiser [Consumption](https://sms4smile.com/quotes/about/consumption/) [Image](https://sms4smile.com/quotes/i/881/axel-kaiser-55271_quote_the-only-way-in-which-a-whole-country-ma_978093.jpg) > [“the primordial artifact- of the Kaaba of canonical economics today is the claim that the free market somehow caused, and failed to…](https://sms4smile.com/quotes/axel-kaiser/the-primordial-artifact-of-the-kaaba-of-canonical-economics-today-is/) Axel Kaiser [Depression](https://sms4smile.com/quotes/about/depression/) [Image](https://sms4smile.com/quotes/i/f88/axel-kaiser-55271_depression_the-primordial-artifact-of-the-kaaba-of_1333885.jpg) > [“Needless to say, this idea that the origin of prosperity is hard work and frugality was exhaustively formulated by Adam Smith in…](https://sms4smile.com/quotes/axel-kaiser/needless-to-say-this-idea-that-the-origin-of-prosperity-is-hard-work/) Axel Kaiser [Economic freedom](https://sms4smile.com/quotes/about/economic-freedom/) [Image](https://sms4smile.com/quotes/i/ba4/axel-kaiser-55271_economic-freedom_needless-to-say-this-idea-that-the-origi_2744620.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/author/axel-kaiser/#itemlist", "name": "Axel Kaiser Quotes", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "“Let us then move on to what may be considered as the mother of all anticapitalist myths: the idea that the so called “business cycles” are intrinsic to capitalism. ”", "creator": { "@type": "Person", "name": "Axel Kaiser" }, "url": "https://sms4smile.com/quotes/axel-kaiser/let-us-then-move-on-to-what-may-be-considered-as-the-mother-of-all/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/97d/axel-kaiser-55271_capitalism_let-us-then-move-on-to-what-may-be-consi_143478.jpg", "contentUrl": "https://sms4smile.com/quotes/i/97d/axel-kaiser-55271_capitalism_let-us-then-move-on-to-what-may-be-consi_143478.jpg", "url": "https://sms4smile.com/quotes/i/97d/axel-kaiser-55271_capitalism_let-us-then-move-on-to-what-may-be-consi_143478.jpg", "width": 1080, "height": 1080, "caption": "“Let us then move on to what may be considered as the mother of all anticapitalist myths: the idea that the…” — Axel Kaiser", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "“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 the great Austrian economist, Eugen von Böhm-Bawerk, to illustrate how underconsumption —savings— is what permits the formation of the so-called “capital goods”, which are so necessary to increase productivity as well as future consumption.[12]”", "creator": { "@type": "Person", "name": "Axel Kaiser" }, "url": "https://sms4smile.com/quotes/axel-kaiser/the-only-way-in-which-a-whole-country-may-save-is-by-reducing-its/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/881/axel-kaiser-55271_quote_the-only-way-in-which-a-whole-country-ma_978093.jpg", "contentUrl": "https://sms4smile.com/quotes/i/881/axel-kaiser-55271_quote_the-only-way-in-which-a-whole-country-ma_978093.jpg", "url": "https://sms4smile.com/quotes/i/881/axel-kaiser-55271_quote_the-only-way-in-which-a-whole-country-ma_978093.jpg", "width": 1080, "height": 1080, "caption": "“the only way in which a whole country may save is by reducing its consumption. 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