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Why Capitalism Needs Losses, Too | Robert P. Murphy

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Published on Jan 30, 2013

Archived from the live MisesTV broadcast, this lecture by Robert Murphy was presented at "Are Profits Evil?"—a special seminar for high school students sponsored by the late Jeremy S. Davis, presented in Houston, Texas, on 25 January 2013.

Help support the Mises Institute in 2013: http://Mises.org/2013

Music by Kevin MacLeod.

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