Series IV · Card 4 of 21 · THE VIENNA SEMINAR

Every step forward on the way toward prosperity is the effect of saving.

LUDWIG VON MISES · THE ANTI-CAPITALISTIC MENTALITY · 1956

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Source

“The Anti-Capitalistic Mentality”, 1956, ch. II “The Ordinary Man’s Social Philosophy”, sec. 1

Open source · mises.org ↗

About the author

Austrian-American economist (1881–1973) and leading figure of the Austrian School. His work on money, credit, and economic calculation deeply shaped the philosophical foundations later associated with Bitcoin.

The question on the back

How often do you give something up today for a better tomorrow?