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If we're going to get into definitions, we can do that. Since we are discussing economics, I do not feel the need to preface every use of jargon with disclaime

• Retric 11y ago
  Economic profit is not the same thing as profit. In a pure economic debate you can drop it, but when talking about specific firms in a general context such as HN you really should clarify. For everyone else: https://en.wikipedia.org/wiki/Profit_(economics) https://en.wikipedia.org/wiki/Profit_(economics) "Economic profit is similar to accounting profit but smaller because it subtracts off the total opportunity costs (not just the explicit costs, but also the implicit costs) of a venture to an investor.[1] Normal profit refers to zero economic profit.[2] A concept related to economic profit, and sometimes considered synonymous, is that of economic rent." You can think of Economic profit as the 'standard' ROI you get in a given economy. Hypothetically Economic profit is also being driven to zero in a static economy, but that's a separate and long term thing. PS: I am just being this clear because general HN readers are likely to miss the distinction.