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.
Free-Market Profit Comes From Voluntary Exchange, not Exploitation
- May 2, 2024
- 0
- 76 Views
You Might Also Like
-
February 4, 2025
California Secession Would be Great for the Rest of America
-
February 4, 2025
Looking for Changes at the Fed
-
February 4, 2025
Elon Musk Is Wrong About Money