Entrepreneurial Strategy, Tools, and Philosophy Rooted in Austrian Economics
Sometime in the 19th century, economists got the idea that mathematics was an appropriate language for economics. This was a strange turn, since economics is the science of how human beings, pursuing …
Continue Reading about The Long Night Of Mathematicized Economics Is Over. →
You may have been listening to economists debating and arguing about the state of the economy and the future of inflation. Are we in a recession or not? What will the economy look like next year? What …
Continue Reading about No-One Understands How Systems Work. →
The federal government is planning to hire an additional 87,000 IRS agents. Some of them may be armed. This is not the action of a friend or partner. It is central to government’s anti-economic …
Professor Deirdre McCloskey, in a recent book, tells us that The US federal government has in place over a million regulations. One million. The Democrats say, "Add more bureaucrats...." The …
Continue Reading about A Million Regulations: The Narcissism Of Government. →
Economics is beautiful. It’s the science of prosperity - how every individual in an economy can find their way to prosperity by collaborating and exchanging with other like-minded individuals for …
Continue Reading about Government Economics Versus People Economics →
1. Subjective value. What is the purpose of business? It is to create value for customers, defined as the experience of a feeling of satisfaction, well-being, or even delight. Austrian economics …
Continue Reading about 10 Better Business Perspectives From Austrian Economics →
