Firms, Profit and Investment

First published at 17:07 UTC on April 2nd, 2020.

What is a firm? What is profit, and does it have to be at another person's expense? What is investment?

Many fallacies in economics are a result of people not understanding profit. Even as late as 2009, some academic economists admitted to …

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CategoryBusiness & Finance
SensitivityNormal - Content that is suitable for ages 16 and over