Mises Daily
Author:
William H. Peterson
Online Publish Date:
[Investor’s Business Daily, August 2, 1999] Vice President--then senator--Al Gore criticized a Monsanto bovine hormone development (Posilac) to boost milk production as “a kind of thinking aimed at profits, not progress.” Not progress? The Gore remark reflects a long history of anti-profit literature. Look. Everybody knows that profits are rip-