The Ultimate Source of Profit and Loss on the Market

09/08/2010 Ludwig von Mises

For hundreds of years, politicians (like a certain current US president) have pushed the idea that one man’s profit is another man’s loss. The job of the state is to even the score. Mises explains that the whole assumption is wrong at its very core.

This audio Mises Daily is narrated by Jeff Riggenbach.

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