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4.2. Interference with the Height of Profit

  • Bureaucracy by Ludwig von Mises
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Tags 기업가세금과 정부지출간섭주의생산 이론

05/02/1944Ludwig von Mises

The virtue of the profit system is that it puts on improvements a premium high enough to act as an incentive to take high risks. If this premium is removed or seriously curtailed, there cannot be any question of progress.

From Chapter IV: "Bureaucratic Management of Private Enterprises". Narrated by Millian Quintero. 

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