“It is common to hear capital and its owners mentioned disparagingly in mainstream media, academia, and other fountains of economic illiteracy. Capital is presented as if it is a means of exploiting labor, and its owners the beneficiaries of an unfair advantage over the rest of society. Rarely does one hear the true costs required for capital ownership and the responsibility it implies. To be a capital owner, you first have to earn it. Then you have to abstain from consuming it by saving it. Then you have to deploy it in the market well enough to earn a return sufficient to maintain it.”

Principles Of Economics by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak