Preface Robin Cowan, Mario J. Rizzo. 1: Fundamental Issues in the Justification of Profits Robin Cowan, Mario J. Rizzo. 2: The Nature of Profits: Some Economic Insights and Their Ethical Implications Israel M. Kirzner 3: Deserving Profits Jan Narveson 4: The Moral Status of Profits and Other Rewards: A Perspective from Modern Welfare Economics Peter J. Hammond 5: Rights to Natural Talents and Pure Profits: A Critique of Gauthier on Rights and Economic Rent Eric Mack 6: The Cultural Justification of Unearned Income: An Economic Model of Merit Goods Based on Aristotelian Ideas of Akrasia and Distributive Justice Robert D. Cooter, James Gordley.