MARKETS

The Rich Aren’t Rich Enough

Eating The Rich Won’t Feed the Statist Beast

Capitalism’s Visible Hand: The Uniformity of Profit Principle

Capitalism’s Visible Hand: The Uniformity of Profit Principle

The best way to begin to understand the functioning of the price system, and thus the full nature of the dependence of the division of labor on capitalism, is by understanding the following very simple and fundamental principle. Namely, there is a tendency in a free market toward the establishment of a uniform rate of profit on capital invested in all the different branches of industry.

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