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profit, rent, etc.
Question:
If in our explanatory efforts we accept the fact that we can't fully
disambiguate between, say, monopoly returns and profit returns in real
world cases, why does it matter that in the same way we can't fully
disambiguate between the returns of profit, rent, and labor, as defined
by Kirzner and Mises, in real world cases.
E.g. it seems impossible in the case of Bill Gates and Microsoft to fully
disambiguate between monopoly returns, profit returns, labor returns, and
rent returns. So what?
Greg Ransom
UC-Riverside
- Thread context:
- FCC Charge for home Modems,
RICHARD P.F. HOLT Fri 24 Feb 1995, 13:38 GMT
- profit, rent, etc.,
GREG RANSOM Fri 24 Feb 1995, 03:10 GMT
- Purpose: 1800 words,
Mason Clark Fri 24 Feb 1995, 00:05 GMT
- to w. EBERT,
LAURA EBERT Thu 23 Feb 1995, 22:16 GMT
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