Entrepreneurial Strategy, Tools, and Philosophy Rooted in Austrian Economics
Business strategy in books and business schools has tended to towards metaphors of sports or war. There are playing fields or battlefields, and the strategy question is “Where to play, and how to …
Continue Reading about 23. Per Bylund on Entrepreneurial Strategy →
Entrepreneurs operate in the future. They imagine a future where lives are improved because dissatisfactions are removed and there’s greater well-being to enjoy. Everyone can embrace that …
Continue Reading about 22. Steven Phelan on Managing Expectations →
Are you transaction cost-savvy? Peter Klein explains why it’s important. We emphasize profitable value creation as the role of the entrepreneur. Managing costs can contribute to profitability – but …
Continue Reading about 21. Peter Klein on Transaction Costs →
Jeff Deist, President of the Mises Institute, recently penned a metaphorical comparison of Austrian economics to the punk rock bands of the 70’s and 80’s who composed, created, and played but were …
Dr. Keith Smith is an anesthesiologist and founder of both the Surgery Center of Oklahoma and the Free Market Medical Association. Surgery Center of Oklahoma has innovated in healthcare with a …
Continue Reading about 20. Dr. Keith Smith on How Austrian Economics Helped Me Innovate →
What does an economy do? Modern economics suggests it is about [production] efficiency, and develops models for assessing the degree to which it is achieved and predicting outcomes assuming it. This …
