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Tag: profit

Russian Energy Giant Gazprom Posts Record Profits Despite Sanctions 

Robert Semonsen September 3, 2022

In the first six month of this year, Gazprom—despite its gas imports to Europe having dropped by 35%—posted a record-breaking net profit of 41.7 billion euros.

Hungary Fines Ryanair over Profit Tax

Sven R. Larson August 11, 2022

Ryanair responded to the penalty by pointing to EU law, which permits airfare pricing within the union “without interference from national governments.”

God, Profit, and Capitalism

Sven R. Larson June 7, 2022

Capitalism does not destroy other values, nor does it come without respectable merits. Quite the contrary: the profit motive has elevated human existence to unprecedented levels. We can feed more mouths, cure more of the sick, educate, and elevate more people than we have ever been able to do. The problem lies instead in the fallibility of human nature.

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Issue 25, Winter 2023

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