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An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

To increase production, man must form capital. To create it, he must restrict his consumption and transfer his labor for that period from producing immediately satisfying con­sumers’ goods. The restriction of con­sumption is called saving, and the transfer of labor and land to the formation of capital goods is called investment.

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  • Saving
rdfs:comment
  • To increase production, man must form capital. To create it, he must restrict his consumption and transfer his labor for that period from producing immediately satisfying con­sumers’ goods. The restriction of con­sumption is called saving, and the transfer of labor and land to the formation of capital goods is called investment.
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dbkwik:austrianeco...iPageUsesTemplate
abstract
  • To increase production, man must form capital. To create it, he must restrict his consumption and transfer his labor for that period from producing immediately satisfying con­sumers’ goods. The restriction of con­sumption is called saving, and the transfer of labor and land to the formation of capital goods is called investment.
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