Mises Community Archive
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.
Sign in
|
Join
|
Help
Home
Community
Forums
Blogs
Albums
Live Chat
All Tags
»
Entrepeneurship
»
profit
(RSSRSS)
Browse Blog Posts by Tags
Showing related tags and posts for the
Blogs
application. See
all tags in the site
austrian economics
Natural rate of profit in a free market, will someone PLEASE tell me if I'm crazy.
The natural state of affairs when market entry is free is for net utility gain from profit-orientated investment to tend to zero. This is not the same thing as average monetary gains because the marginal utility of money declines as the amount of money an individual or group has increases. Therefore...
Posted to
Livemike
by
Livemike
on Thu, Mar 5 2009
Filed under:
Filed under:
profit
,
entrepeneurship
,
austrian economics
Page 1 of 1 (1 items)