Entrepreneurship
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The Social Function of Profit-and-Loss Accounting
"Production for people, not profit!" Such critics do not appreciate the indispensable service that the profit-and-loss test provides to members of a market economy.
Will Nickels and Pennies Soon Disappear?
Due to their copper content, nickels are worth slightly more than 5¢ and pennies minted before 1982 are worth almost 3¢. They won't stick around.
Don’t Just Try
Successful entrepreneurs do not simply try, nor do they waste their money hiring employees simply to try.
The Market and the Distribution of Wealth
What is of great economic interest is not the mode of distribution at a moment of time but its mode of change over time.
