Abstention Quote by Ludwig von Mises
“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.”
About This Quote
Source Book: Human Action by Ludwig von Mises, 1949
Capital results from deliberate restraint on consumption, saved and reinvested to grow wealth.
In simple terms: Saving creates capital.
Key Takeaway
Practice disciplined saving.
Themes
economics
finance
self‑discipline
Mood
reflective
analytical
Type
economic
educational
When to use this quote
- personal budgeting
- investment planning
- business growth
- retirement savings
Key Concepts
capital formation
intertemporal choice
resource allocation
Questions to Reflect On
- How can you reduce unnecessary spending?
- What long‑term goals can your savings support?
A Different Perspective
Capital can be eroded by inflation or poor investment choices.
