Secrets of the Economists

Russ Nelson reveals

These facts are well-kept secrets of economists. The first rule of economics is: don't reveal the secrets. I'm going to take a big risk and reveal these secrets. Don't tell anyone else!

* for a business, capitalists are a cost,
* "excess" profits go to the entrepreneurs who created the business,
* competition eliminates these entrepreneurial profits over time, and
* the primary beneficiary of capital investment are workers.

Historically, capitalists have only gotten about a 5% yearly return on their money.

Damn greedy running-dog capitalists.