Profits are success indicators. They tell entrepreneurs: "Do more of this."
Ludwig von Mises, Profit and Loss (1951). Download here.
Murray N. Rothbard, "What Is Entrepreneurship?" (1962). Download here.
Israel M. Kirzner, "Producer, Entrepreneur, and the Right to Property" (1973). Download here.
Robert P. Murphy, "The Capitalist in the Hat" (2011). Download here.
Gary North, "Gambling and Entrepreneurship: Never the Twain Should Meet" (2011). Download here.
Robert A. Sirico, "The Parable of the Talents: The Bible and Entrepreneurs" (1994). Download here.
Robert P. Murphy, "The Social Function of Profit-and-Loss Accounting" (2011). Download here.
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