Are Businesses Entitled to a Fair Profit?
Dec 7, 2023 ·
6m 38s
One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do...
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One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do with “fairness.” Original Article: Are Businesses Entitled to a Fair Profit?
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| Author | Mises Institute |
| Website | - |
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