"The history of civilization is a development from instant gratification to the ability to postpone consumption, persistence, saving, and willingness to invest in progress. Progress begins when a person gives up some of his current consumption and invests his time and resources in making a spade, a ladder or some other tool."

Elena Leontjeva
Doctora honoris causa en Ciencias Políticas, mayo del 2024

“Preference of the Moment, Our Destinies, and Financial Literacy”