Profit can only arise upon alienation, i. e. in the act of exchange, when the seller sells more dearly than he has bought.


Chapter III, The Founders Of Political Economy, p. 101 - A History of Economic Thought (1939)


Profit can only arise upon alienation, i. e. in the act of exchange, when the seller sells more dearly than he has bought.

Profit can only arise upon alienation, i. e. in the act of exchange, when the seller sells more dearly than he has bought.

Profit can only arise upon alienation, i. e. in the act of exchange, when the seller sells more dearly than he has bought.

Profit can only arise upon alienation, i. e. in the act of exchange, when the seller sells more dearly than he has bought.