“Thousands, millions of people work, produce, and save despite everything we can come up with to harass, hinder, and discourage them. It is the natural vocation that drives them; not just the thirst for profit. The satisfaction, the pride of seeing their company prosper, gain credit, inspire trust in ever larger clientele, expand facilities, are a motivation as powerful as profit is. If that wasn’t the case, we wouldn’t be able to explain why there are entrepreneurs that invest all their energies and their capital in their company to withdraw profits often much lower than what they could have earned surely and comfortably with other investments” (Luigi Einaudi).
18 December 2024
