Ludwig von Mises Quotes

Savings is the fundamental input for capital investment, and capital investment is the primary ingredient in productivity.

Savings and investment are indissolubly linked. It is impossible to encourage one and discourage the other.

And taking more money out of the private economy and having the government perform as it has poorly done with the stimulus I don't think is the right way to go.

Government has always driven growth.

Secretary Clinton, right from day one, wants to do real investment in public works and infrastructure, building highways and bridges, building airports, to doing what we need to do that way which lifts the economy up, undoubtedly.

We need to promote employment through investment in major public works schemes to meet the U.K.'s needs.

A tax on capital is self-defeating, in that it slows down capital accumulation, investment and economic growth.

Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral.

The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.

Increased spending, growing government debt and overreaching regulations are stifling job creation and economic growth.

It is absolutely clear that government plays a key role, as a catalyst, in promoting long-run growth.

I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.

Chronic deficits drastically reduce government's ability to make those infrastructure investments that business needs to grow and create jobs.

I was initially very interested in public policy, but then after my masters at Harvard, I felt that it was important to get a better handle on the economics of it as well. I did my Ph.D. in macroeconomics, and my thesis - 'Why Is It That Some Countries Save And Others Not?' - was on savings.

Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.

The stimulus legislation, technically known as the American Recovery and Reinvestment Act of 2009, was a mixture of tax cuts for families and businesses; increased transfer payments, like unemployment insurance; and increased direct government spending, like infrastructure investment.

Government should concentrate on building up infrastructure and skill development. Simplification of taxation is another important area.

To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.

When we leave money in the hands of taxpayers, they buy things, they pay taxes, they grow government.

The great effort of my administration was to mature into a permanent and regular system the application of all the superfluous revenue of the Union into internal improvement which at this day would have afforded high wages and constant employment to hundreds of thousands of laborers, and in which every dollar of the public lands would have repaid itself fourfold in the enhanced value of the public lands.

Business conditions are not the most promising. It will take time to restore the prosperity of former years. If we cannot promptly attain it, we can resolutely turn our faces in that direction and aid its return by friendly legislation.

All that Latin America needs is a friendly climate for private enterprise. This view disregards the need for building roads, ports, power plants and communications systems which must be built at least in great part with public funds and which in many areas are a prerequisite for the effective and profitable investment of private capital.

Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other

With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.

The fact is, Canada needs investment, particularly in infrastructure.