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Wealth
Quote | Source | Page | Subject |
---|---|---|---|
An eternal capital investment is as non-existent as a secure one. Every capital investment is speculative; its success cannot be foreseen with absolute assurance. | Socialism | p. 339 | Wealth |
Fortunes cannot grow; someone has to increase them. | Socialism | p. 340 | Wealth |
Fortunes invested in capital do not, as the naive economic philosophy of the common man imagines, represent eternal sources of income. | Socialism | p. 338 | Wealth |
In capitalist enterprise there is no secure income and no security of wealth. | Socialism | p. 340 | Wealth |
It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer. | Socialism | p. 394 | Wealth |
No income can be made safe against changes not adequately foreseen. | Human Action | p. 391; p. 394 | Wealth |
No investment is safe forever. He who does not use his property in serving the consumers in the most efficient way is doomed to failure. | Human Action | p. 308; p. 312 | Wealth |
Profit is not related to or dependent on the amount of capital employed by the entrepreneur. Capital does not beget profit. Profit and loss are entirely determined by the success or failure of the entrepreneur to adjust production to the demand of the consumers. | Human Action | p. 295; p. 297 | Wealth |
Seldom does mercantile and industrial wealth maintain itself in one family for more than two or three generations. | Socialism | p. 338 | Wealth |
The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth. | The Ultimate Foundation of Economic Science | p. 112 | Wealth |