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The Economic Ignorance of Banning Corporate Profits


It doesn’t require a PhD in economics to understand the importance of profits. Unfortunately, these delegates don’t seem to grasp this elementary point. To understand what is known as “the profit motive” is to understand human action. People are by nature prone to leisure. That is, people forgo work when it isn’t necessary to achieve…

September 9, 2012 in Economics, Issues, Politics, Value.

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