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— Ludwig von Mises"Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses."
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It is only when people can feel that their lives and the property which their industry has produced today will continue to be safe...that there can be...stability of value and...economic progress.
— Calvin Coolidge
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What is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.
— Ludwig von Mises
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