For each individual it is a great advantage to retain the rights over the fruits of his labour even though he must put off the enjoyment of them. His personal wealth is thus increased. For that is what wealth is,-command of the right to postponed consumption. (John Maynard Keynes)

For each individual it is a great advantage to retain the rights over the fruits of his labour even though he must put off the enjoyment of them. His personal wealth is thus increased. For that is what wealth is,-command of the right to postponed consumption.

John Maynard Keynes

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advantage command consumption great off right thus wealth labour

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