We tend to demonize people who make money – how dare they have more than us? But that negative reaction forgets the voluntary role we play in profit-making every day. This week in Words and Numbers, Antony Davies and James R. Harrigan discuss just how good it is to earn a profit, and the vital difference between that and forcing money from people.

Watch their conversation below or on YouTube

For more on this, see:

5 Reasons Profit Is Good

There’s No Such Thing As Excessive Profits

Profit Is Praiseworthy, and Always Awesome

The Ethics of Profit-Making

Profit: Not Just a Motive

The Pursuit of Profit Is Pro-Social

Free Markets vs. Government Plunder

Why Business’s Desire for Profit Is a Good Thing

 

…and for research, see:

Exxon Mobil Corporation stock statistics

Exxon Mobil Corporation stock balance sheet

Domino’s Pizza stock balance sheet

Netflix stock balance sheet

Apple stock financials

Verizon stock statistics

Wal-Mart stock financials

Target stock balance sheet

Amazon stock financials

Wells Fargo stock financials

CVS stock financials

Corporate profits after tax with inventory valuation adjustment and capital consumption adjustment

Antony Davies


Antony Davies

Antony Davies is an associate professor of economics at Duquesne University in Pittsburg.

He is a member of the FEE Faculty Network

This article was originally published on FEE.org. Read the original article.

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