13-5c1 All consumers can be capitalists if their time-preference schedules so dictate

What happens if literally everyone is capitalist?develop

“All consumers can be capitalists if they wish. They will be capitalists if their time-preference schedules so dictate.” (p. 410)

“The only thing that stops a man from being a capitalist is his own high time-preference scale.” (p. 415)

Related:

• 13-4d4d A man is necessarily a consumer, but not necessarily a producer