Becomes Quote by Rudolf Hiferding

Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire…

— Henry Hazlitt

Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.

— Rudolf Hiferding

Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And…

— Ludwig von Mises

“α = r × β where r is the rate of return on capital. For example, if β = 600% and r = 5%,…

— Thomas Piketty

When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and…

— Thomas Piketty

Clearly, for capitalism to work properly we must expect some upward normalisation of interest rates at some future point, to provide greater incentive for…

— Kwasi Kwarteng

Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is…

— Joan Robinson

A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.

— Ludwig von Mises

But suppose, for the sake of argument, free competition, without any sort of monopoly, would develop capitalism trade more rapidly. Is it not a…

— Anonymous

Once constituted, capital reproduces itself faster than output increases. The past devours the future.

— Thomas Piketty

“Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away. The lesson for entrepreneurs is clear: if…

— Blake Masters

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.

— Ludwig von Mises