![](https://effectivestockhabbits.com/wp-content/uploads/2021/06/cover-9.jpg)
The War on Producers and Entrepreneurs Is Based on False Notions of Profits
Since Adam Smith, economic thinkers have failed to understand that profits in a market economy are not extractions of wealth from laborers. In truth, profits lead to higher wages and higher living standards for those workers.
Original Article: The War on Producers and Entrepreneurs Is Based on False Notions of Profits
0