The discontent and unrest that followed the 2020 presidential election was, at least in major part, one of the innumerable destructive consequences of an almost 250-year-old error in economic theory made by Adam Smith: namely, the belief that profits are a deduction from wages.
Original Article: “Class Harmony, Not Class War“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
