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Tag Archives: capital

September 2015 Interview
20 Sep

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Taxing Capital is a Big Mistake
31 Jul


Capital is what results from work: anything we have invented, moved, or built that finds a value in the marketplace. It is this search for value that drives free markets. Trading one’s capital for better value is what leads to profits. Or if one is the end user, the goal is trading for some satisfaction in having used one’s money well. Market efficiency depends upon this sorting through the relative values of whatever we have offered.

So if an…..

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