Jan 21, 2020

Success Must Recover the Costs of Failure

"[L]egendary economist Joseph] Schumpeter recognized that commerce’s successes must not only cover their own expenses and reward their investors but also, in essence, recover the costs of unsuccessful ventures."

- Steve Forbes, "Profits: Here’s Why—Contrary To Popular Myth—Profits Are Crucial To Bettering Humanity," 10/28/19

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