"History does not provide any example of capital……" — Ludwig von Mises
"History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government."
—
Ludwig von Mises
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More Accumulation Quotes
This quote is filed under Accumulation Quotes,
one of 240 quotes in that category. Here are a few more:
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Life tends to be an accumulation of a lot of mundane decisions, which often gets ignored.
— David Byrne
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I am opposed to the accumulation of executive power anywhere.
— Noam Chomsky
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The decisive step in evolution, the first step toward macroevolution, the step from one species to another, requires another evolutionary…
— Richard Goldschmidt
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Women, who are a majority of the peoples of the earth, are indispensable to the accumulation of the kind of…
— Mahnaz Afkhami
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When I contemplate the accumulation of guilt and remorse which, like a garbage-can, I carry through life, and which is…
— Cyril Connolly
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Courage is only an accumulation of small steps.
— Gyorgy Konrad
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It is not the accumulation of extraneous knowledge, but the realization of the self within, that constitutes true progress.
— Okakura Kakuzo
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Perhaps middle-age is, or should be, a period of shedding shells; the shell of ambition, the shell of material accumulations…
— Anne Morrow Lindbergh
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The secret to living a full life with no regrets and to staying young is to figure out what you…
— William J. Clinton
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We were not always 70, or rather our 70 is an accumulation of all the other ways we were. Our…
— Anne Roiphe
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Why should we all use our creative power....? Because there is nothing that makes people so generous, joyful, lively, bold…
— Brenda Ueland
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We live an age of science and of abounding accumulation of material things. These did not create the Declaration. Our…
— Calvin Coolidge
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