Talk:Profit (economics)

Discuss normal profit and economic profit as well as conditions under which they are earned by firms.
Please 41.116.173.169 (talk) 14:07, 11 June 2022 (UTC)

Examples
I think a section with a few concrete examples of the difference between economic and accounting profits would help the normies like myself. LastDodo (talk) 13:53, 10 May 2024 (UTC)

Government intervention POV
The section about government intervention contains the following at the end of the first paragraph:

"Government intervention basically creates uncompetitive markets by restrictions and subsidies.[16] Governments also intervene in uncompetitive markets in an attempt to raise the number of firms in the industry, but these firms cannot support the needs of consumers as if they were born out of a profit generated on a competitive market basis.[17]"

These two sentences read more like overgeneralized ideological statements than economics. While individual cases where these statements are true certainly exist, and that is what the references probably contain (i wasn't able to find the cited articles), these two sentences are written as statements of general fact, which would require much more extensive and reliable citations. Since they don't contain in-text attribution, i flagged them as POV.
 * I rephrased the first sentence to say what I think is being claimed here, that is that uncompetitive markets can arise from intervention as well as naturally. I wrote: Government intervention in the form of restrictions and subsidies can also create uncompetitive markets. The second sentence is still problematic, but I am not clear what is trying to be said there, so didn't re-write it. LastDodo (talk) 11:30, 29 May 2024 (UTC)