Mises Daily
Author:
Ludwig von Mises
Online Publish Date:
are the errors due to the confusion of entrepreneurial activity and technological innovation and improvement. The maladjustment the removal of which is the essential demand, may require adjustments which have no reference at all to technological innovations and improvements. The entrepreneur who simply increases the production of of taxes due. It calls this magnitude profit because it wants to justify its tax policy in the eyes of the public. It would be more correct for the legislator to omit