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Re: 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
>
>
Question about the question: What does disambiguate mean? i can find
ambiguous....viz. obscure, doubtful classification......
maybe thats it!
kind regards
bill
**************************************************************************
William F. Mitchell Telephone: +61-49-215027 .-_|\
Department of Economics +61-49-705133 / \
The University of Newcastle Fax: +61-49-216919 \.--._/*<--
Callaghan NSW 2308 v
Australia Email : ecwfm@xxxxxxxxxxxxxxxxxxx
WWW Home Page: http://econ-www.newcastle.edu.au/~bill/billyhp.html
**************************************************************************
- Thread context:
- RE: FCC Charge for home Modems, (continued)
- 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
- Printing Money,
Jonathan Dune Thu 23 Feb 1995, 20:04 GMT
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