Page "Economic calculation problem" Paragraph 30

Entrepreneurs who commit smaller errors by anticipating consumer demand more correctly attain greater financial success.

The entrepreneurs who form the most accurate opinions regarding the future state of markets ( i. e. new trends in consumer demands ) earn the highest profits and gain greater control of industry.

Those entrepreneurs who anticipate future market trends therefore waste the least amount of real capital and find the most favorable terms for finance on markets for financial capital.

Minimal waste of real capital goods implies the minimization of the opportunity costs of capital-economic calculation.

The value of capital goods is brought into line with the value of future consumer goods through competition in financial markets, because competition for profits among capitalists financiers rewards entrepreneurs who value capital more correctly ( i. e. anticipating future prices more correctly ) and eliminates capitalists who value capital least correctly.