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.
Are Profits the Outcome of Exploitation or Successful Entrepreneurship?
- May 2, 2024
- 0
- 55 Views
You Might Also Like
-
October 22, 2024
Americans Trust Trump on Economy, but “Experts” Don’t?
-
October 22, 2024
Copernicus Was Also Right in Economics
-
October 22, 2024
Why The Israel-Occupied Levant Must Be Liberated