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Free-Market Profit Comes From Voluntary Exchange, not Exploitation
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
Original Article: Free-Market Profit Comes From Voluntary Exchange, not Exploitation
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By Mises Institute
4.7
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Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
Original Article: Free-Market Profit Comes From Voluntary Exchange, not Exploitation
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