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The classical economists had pointed out that profit is needed as the incentive for the risk taker.
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Now call me picky if you wish, but won't a profit be needed first.
"Much greater transparency on costs, pricing and profits is needed for customers to know whether they're getting a fair deal".
Those profits are needed to help the railroad meet a cutoff in operating subsidies at the end of the 2002 fiscal year.
A spokesman for the Department of Energy and Climate Change (DECC) said: "Profits are a matter for companies to justify to their customers and shareholders, but profits are needed if they are to continue to invest in Britain's energy security and infrastructure".
A spokesperson at the Department for Energy and Climate Change said: "Profits are a matter for energy companies to justify to their customers and shareholders, but profits are needed if they are to continue to invest in Britain's energy security and infrastructure".
Higher profits are needed to justify current equity valuations; the cyclically adjusted price-earnings ratio (which averages profits over ten years) is 25.6, well above the historic average of 16.5, according to Robert Shiller of Yale University.None of this may dent investors' confidence as long as they believe that central banks will remain supportive.
They recognize that charity is simply not sustainable, and revenue-generating businesses (for-profit or not-for-profit) are needed for a sustainable long-term impact.
Secondly, the private sector tends to have a shorter term perspective on the value of R&D to its profits than is needed for health product development; it has therefore been reluctant to invest time and money to cover what costs may not be eligible under the grant into this collaboration.
To maximize the CVaR of the profit distribution, (A1n) is needed.
Trusted, independent analysis -- similar to what happens in the for-profit capital markets -- is needed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com