...from this, and partly from the difficulty of recovering the money. The lowest ordinary rate of profit must always be something more than what is sufficient...to compensate the occasional losses to which every employment of stock is exposed. It is this surplus only which is neat or clear profit. What is called...

...partly from the difficulty of recovering the money. The lowest ordinary rate of profit must nlways be something more than what is sufficient to compensate the occasional losses to which every employment of stock Í* exposed. It is this surplus only which is neat or clear profit. \VLat is called...

...the active employer of capital. Adam Smith has remarked, that " The lowest ordinary rate of profit must always be something more than what is sufficient...to compensate the occasional losses to which every employment of stock is exposed. It is this surplus only which is neat or clear profit. What is called...

...from this, and partly from the difficulty of recovering the money. The lowest ordinary rate of profit must always be something more than what is sufficient...to compensate the occasional losses to which every employment of stock is exposed. It is this surplus only which is nett or clear profit. What is called...

...from this, and partly from die difficulty of recovering the money. The lowest ordinary rate of profit must always be something more than what is sufficient to compensate the occasional losses tn which every employment of slock is exposed. It is this surplus only which is neat or clear profit,...

...it, but to the difficulty and danger- of evading the law. . . . The lowest ordinary rate of profit must always be something more than what is sufficient...to compensate the occasional losses to which every employment of stock is exposed. It is this surplus only which is neat or clear profit. What is called...

...said to have really cost him." More specifically he says that the lowest ordinary rate of profit must be something more than what is sufficient to compensate the occasional losses to which the employment of stock is exposed.1 Elsewhere he so writes that it may be inferred that profits must...

...profit — an adequate compensation for " some additional risk " over that incurred upon idle capital.1 By all three writers, profits were treated as essentially...wages of superintendence, and compensation for risk; 3 but these also constitute a minimum profit which he treats as a part of necessary price: " The cost...

...profit — an adequate compensation for " some additional risk " over that incurred upon idle capital.1 By all three writers, profits were treated as essentially...losses to which every employer of stock is exposed." 2 And Mill's " minimum rate of profit," by including interest and insurance against risk, resembles...

...profit — an adequate compensation for " some additional risk " over that incurred upon idle capital.1 By all three writers, profits were treated as essentially...losses to which every employer of stock is exposed." 1 And Mill's " minimum rate of profit," by including interest and insurance against risk, resembles...