Brad,

You said:

" Now, if one wishes to say that profit is reward for
some combination of such things as knowing how
the system works (and how to work the system!),
having connections, having knowledge in various
directions, access to capital.... that makes
more sense to me."

Exactly!

The entrepreneur's "profit" is wages.

Harry

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Henry George School of Social Science
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Box 655  Tujunga  CA  91042
Tel: 818 352-4141  --  Fax: 818 353-2242
http://haledward.home.comcast.net
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