Thomas Sowell Quote

Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the money coming back.

Basic Economics 4th Ed: A Common Sense Guide to the Economy (ed. Basic Books, 2010) - ISBN: 9780465022526

Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully...

Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully...

Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully...

Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully...