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- Can investment occur without
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Card 48 / 100: Can investment occur without saving?
Answer:
No. The only way there are resources (whether financial or physical) available for investment, is if someone has lived below his or her means, i.e., saved.
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Dr.Robert MurphyAssociated Scholar
Mises Institute
USA
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Attribution:
Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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