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All capital goods sooner or later enter into final products and cease to exist through use, consumption, wear and tear.Human Actionp. 514; p. 517Capital
All the effusions of the contemporary welfare school are, like those of the socialist authors, based on the implicit assumption that there is an abundant supply of capital goods. Then, of course, it seems easy to find a remedy for all ills, to give to everybody according to his needs and to make everyone perfectly happy.Human Actionp. 844; p. 848Capital
Capital does not reproduce itself.Socialismp. 177Capital
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.Human Actionp. 847; p. 851Capital
In a given economic situation, the opportunities for production, which may actually be carried out, are limited by the supply of capital goods available.On the Manipulation of Money and Creditp. 125Capital
Now nobody ever contended that one could produce without working. But neither is it possible to produce without capital goods, the previously produced factors of further production.Planning for Freedomp. 111Capital
Profit-seeking business is compelled to employ the most efficient methods of production. What checks a businessman's endeavors to improve the equipment of his firm is only lack of capital.Human Actionp. 769; p. 775Capital
What the workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.Planning for Freedomp. 92Capital
When pushed hard by economists, some welfare propagandists and socialists admit that impairment of the average standard of living can only be avoided by the maintenance of capital already accumulated and that economic improvement depends on accumulation of additional capital.Human Actionp. 844; p. 848Capital
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