Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.

1 ch. The 1967 edition extrapolates the possibility of Soviet/U.  236).

He was author of the largest-selling economics textbook of all time: Economics: An Introductory Analysis first publiPaul Samuelsond in 1948. Merton and Joseph E. The Swedish Royal Academies stated when awarding the prize that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".