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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History Does Not Provide Any Example Of

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.

Topic

Government

Example

Doe

The Gold Standard Makes The Money's Purchasing Power Independent Of The Changing, Ambitions And Doctrines Of Political Parties And Pressure Groups. This Is Not A Defect Of The Gold Standard; It Is Its Main Excellence.

Party

Independent

Ambition