Accumulation Quote by Ludwig von Mises
“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.”
About This Quote
Source Book: Human Action by Ludwig von Mises, 1949
Economic growth relies on continuous capital investment; government should eliminate barriers to capital accumulation.
In simple terms: Growth needs investment; government should clear obstacles.
Key Takeaway
Promote policies that ease capital formation.
Themes
economics
government
investment
growth
policy
Mood
optimistic
analytical
Type
policy
economic
When to use this quote
- industrial development
- agricultural expansion
- infrastructure projects
- business climate improvement
Key Concepts
capital formation
public policy
market efficiency
Questions to Reflect On
- What barriers currently hinder investment in your country?
- How can policy balance capital growth with social equity?
A Different Perspective
Political opposition may resist reforms that favor capital over labor interests.
