So, regardless of technological knowledge, real economic growth requires an expansion of savings. An expansion in savings permits an increase in the stock of capital goods, while the increase in capital goods permits an increase in economic growth. Technological knowledge by itself is insufficient.

https://mises.org/wire/does-technical-knowledge-always-lead-economic-growth

https://fountain.fm/episode/9ZoQe6b7yi2JW6a2L4Y6

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