Who Do Economic Profit Belongs To?Guest Post
Who Do Economic Profit Belongs To? by Sandy Ikeda, Foundation For Economic Education
The Answer Lies in Our Ignorance
Do we deserve to keep the profits that result from our actions?
Most libertarians would maintain that any economic profit — the residual of revenue over cost — that you earn from voluntary exchange is indeed moral and rightly belongs to you. The puzzling thing is that standard microeconomic theory, which libertarians as well-known as
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