Quotation of the Day…
by Don Boudreaux
on February 19, 2022
… is from page 150 of Ludwig von Mises’s 1951 essay “Profit and Loss,” as reprinted in the 2008 Liberty Fund edition of Mises’s 1952 collection, Planning for Freedom:
An entrepreneur earns profit by serving the consumers, the people, as they are and not as they should be according to the fancies of some grumbler or potential dictator.
