The theory: New formulation of the two laws of return, 437.--The law of equilibrium, 442.--The emergence of the optimum size, 446.--Differences in capitals the cause of the emergence of profit, ...

Maximizing Profits and the Theory of Social Responsibility of Business. The Nobel Prize-winning economist Milton Friedman once stated that a business' sole responsibility is "to use its resources ...

An economic theory proposed by professor and economist F.B. Hawley states that profit is a reward for risk taken in business. According to Hawley, the higher the risk in business, the greater the ...

Google shook off the economic doldrums to deliver a third-quarter profit that topped analysts' expectations, supporting the Internet search leader's theory that its advertising system will prosper ...

Foes of corporate bigness focus on the excess-profits theory. There’s some evidence for all three explanations, according to the paper, “Prices, Profits and Power: ...

Discover why economic profits are theoretically impossible in a perfectly competitive market and why some economists use perfect competition models.