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The '''Montaigne Dogma''' is the belief that one's profit is another's loss. People were lead to conclude, because the constant emergency of profits and losses which were favorable to some and unfavorable to others, that, ''"the gain of one man is the damage of another; no man profits but by the loss of others."''<ref>Mises, Ludwig von. "The Ultimate Source of Profit and Loss on the Market - Ludwig von Mises - Mises Daily ." The Ludwig von Mises Institute . http://mises.org/daily/4672 (accessed April 28, 2011).</ref>
The '''Montaigne Dogma''' is the belief that one's profit is another's loss. People were lead to conclude, because the constant emergency of profits and losses which were favorable to some and unfavorable to others, that, ''"the gain of one man is the damage of another; no man profits but by the loss of others."''<ref>Mises, Ludwig von. "The Ultimate Source of Profit and Loss on the Market - Ludwig von Mises - Mises Daily ." The Ludwig von Mises Institute . https://mises.freecapitalists.org/daily/4672 (accessed April 28, 2011).</ref>


==References==
==References==

Latest revision as of 04:09, 16 August 2026

The Montaigne Dogma is the belief that one's profit is another's loss. People were lead to conclude, because the constant emergency of profits and losses which were favorable to some and unfavorable to others, that, "the gain of one man is the damage of another; no man profits but by the loss of others."[1]

References

  1. Mises, Ludwig von. "The Ultimate Source of Profit and Loss on the Market - Ludwig von Mises - Mises Daily ." The Ludwig von Mises Institute . https://mises.freecapitalists.org/daily/4672 (accessed April 28, 2011).