HÅRT ARBETE?
”Hard work can only lead to high levels of wealth when combined with capital accumulation and entrepreneurship.”
Mises
HUERTA DE SOTO (Mises)
“Socialism and Decivilization: Let us consider the process that led to the decline and disappearance of classic Roman civilization.”
EQUILIBRIUM?
“The Austrians have long argued that equilibrium models of economic phenomena cannot capture the causal, realistic aspect of human behavior.”
WHY CAPITAL NEEDS ENTREPRENEURS?
“It is not true that capital – once created – will lead to future wealth gains forever into the future. Only constant adaptation – via entrepreneurs – can make sure that the production process will provide the flow of consumption goods in the periods to come.”
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