Chapter 31: The Law of Profits

1. Business being poor, one employer is making good profits; how different will be the wages he pays from those paid by the unsuccessful employer?

2. How many of the men you know at the head of large businesses started life poor?

3. Was the rise in fortune due most often to chance, inheritance of wealth, or exceptional ability and power of work?

4. How should the income of an inventor be classified, as wages or profits?

5. Are the profits of the employer deducted from wages? Are the high wages of skilled labor deducted from the wages of unskilled?