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Episode 16: Profits and Competition

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Konten disediakan oleh James Fodor. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh James Fodor atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang dijelaskan di sini https://id.player.fm/legal.

A discussion of the importance of the profit motive and freedom of competition in the efficient operation of a market economy. Includes an overview of the uniformity of profit principle, and an examination of how competition serves as both an opportunity and a disciplining agent for entrepreneurs and firms, thus promoting useful innovations while weeding out bad ideas.

If you enjoyed the podcast please consider supporting the show by making a paypal donation or becoming a patreon supporter.

https://www.patreon.com/jamesfodor

https://www.paypal.me/ScienceofEverything

  continue reading

167 episode

Artwork
iconBagikan
 
Manage episode 308157152 series 2360076
Konten disediakan oleh James Fodor. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh James Fodor atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang dijelaskan di sini https://id.player.fm/legal.

A discussion of the importance of the profit motive and freedom of competition in the efficient operation of a market economy. Includes an overview of the uniformity of profit principle, and an examination of how competition serves as both an opportunity and a disciplining agent for entrepreneurs and firms, thus promoting useful innovations while weeding out bad ideas.

If you enjoyed the podcast please consider supporting the show by making a paypal donation or becoming a patreon supporter.

https://www.patreon.com/jamesfodor

https://www.paypal.me/ScienceofEverything

  continue reading

167 episode

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