**Profit and Loss**

by Ludwig Von Mises

**Publisher**: Von Mises Institute 2008**ISBN/ASIN**: B001N3FB02**Number of pages**: 57

**Description**:

The author explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss.

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