<story><title>Two Brothers Making Millions Off the Refugee Crisis in Scandinavia</title><url>http://www.bloomberg.com/features/2016-norway-refugee-crisis-profiteers/</url></story><parent_chain><item><author>kauffj</author><text>Many people seem to hold an intuition or belief that it is wrong to profit, or profit &amp;quot;excessively&amp;quot; when providing certain types of services, particularly related to &amp;quot;care&amp;quot;, survival, or necessities (e.g. &amp;quot;price gouging&amp;quot; laws).&lt;p&gt;I think this is misguided for (at least) two reasons:&lt;p&gt;1. Profit allows for the services to be sustainable, rather than charity-dependent.&lt;p&gt;2. The more profit, the stronger the incentive for entrepreneurs to enter the market and&amp;#x2F;or innovate.&lt;p&gt;Figuring out a way to profit and reduce the problems of refugees in any way is win&amp;#x2F;win for everyone.</text></item></parent_chain><comment><author>clarkmoody</author><text>&amp;gt; 2. The more profit, the stronger the incentive for entrepreneurs to enter the market and&amp;#x2F;or innovate.&lt;p&gt;3. The more entrepreneurs in the market, the tighter the margins will become, due to competition. The price for the service will fall as a result, and the companies will become more efficient.</text></comment>
<story><title>Two Brothers Making Millions Off the Refugee Crisis in Scandinavia</title><url>http://www.bloomberg.com/features/2016-norway-refugee-crisis-profiteers/</url></story><parent_chain><item><author>kauffj</author><text>Many people seem to hold an intuition or belief that it is wrong to profit, or profit &amp;quot;excessively&amp;quot; when providing certain types of services, particularly related to &amp;quot;care&amp;quot;, survival, or necessities (e.g. &amp;quot;price gouging&amp;quot; laws).&lt;p&gt;I think this is misguided for (at least) two reasons:&lt;p&gt;1. Profit allows for the services to be sustainable, rather than charity-dependent.&lt;p&gt;2. The more profit, the stronger the incentive for entrepreneurs to enter the market and&amp;#x2F;or innovate.&lt;p&gt;Figuring out a way to profit and reduce the problems of refugees in any way is win&amp;#x2F;win for everyone.</text></item></parent_chain><comment><author>pbhjpbhj</author><text>Profit is from the remaining monies after wages have been paid. Profit is the excess the market will bear above the cost of delivering the services. It is largely unrelated to sustainability; if it weren&amp;#x27;t that way then giving shareholders&amp;#x2F;owners the profit would break the company.</text></comment>