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| | bohm002.html |
 | | This negative aspect of saving is the one which is made most prominent in every-day speech, and is often the only one considered, since comparatively few people follow the sums of money saved further, than to the receiving window of a bank or trust company. |
 | | To put the matter more concretely, that which "everybody understands as saving" has first of all its negative side, that is, the not-consuming of a portion of income, or, in terms applicable to our money. |
 | | Bostedo himself has no other conception of the nature of saving sincehe also, towards the end of his communication, recognizes that those who save expect a future return either to themselves or to their heirs, that they therefore do not "renounce" but merely "wait" then the occasion for a curtailment of production as Mr. |
| socserv2.socsci.mcmaster.ca /~econ/ugcm/3ll3/bawerk/bohm002.html (613 words) |
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