Montaigne Dogma
From Mises Wiki, the global repository of classical-liberal thought
The Montaigne Dogma is the belief that one's profit is another's loss. People were lead to conclude, because the constant emergency of profits and losses which were favorable to some and unfavorable to others, that, "the gain of one man is the damage of another; no man profits but by the loss of others."[1]
References
- ↑ Mises, Ludwig von. "The Ultimate Source of Profit and Loss on the Market - Ludwig von Mises - Mises Daily ." The Ludwig von Mises Institute . http://mises.org/daily/4672 (accessed April 28, 2011).
