ABSTRACT

This chapter introduces an emergence into our system that greatly occupies the national economists, namely economizing. It discusses whether the emergence of economizing explains the capital formation. The economical meaning of economizing is great, depends on the moral characteristics of the population, and so forth. Economizing is surely an economic emergence of greater or lesser importance. The psychological national economist who bases the value functions on satisfaction of needs will have to establish an essential difference, since the economizing fund should not serve the enjoyment, which is at first revoked from it. One can therefore conceive their economizing fund for their purposes in exactly the same way as other goods, and the economizing thus appears as an economic use of the available means, just as every other acquisition of goods. A possibility for the expansion of the field of the exact economy opens itself here, a view of further development.