The Economics for Business Podcast

A podcast based on the winning principle that entrepreneurs need only know the laws of economics plus the minds of customers. After that, apply your imagination.

E4B Podcast Cover for Episode #112 Featuring Peter Klein

#112 Peter Klein: When Policy-Makers Discover The Benefits of Entrepreneurship, They Can’t Resist Intervening

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A recent special issue of the Strategic Entrepreneurship Journal, a top journal for which our friend Peter Klein sits on the editorial board, examined the impact of policy on entrepreneurship itself and on the institutional and social challenges of these policy interventions.
E4B Podcast Cover for Episode #111 Featuring Shawn Needham

111: Shawn Needham: How Consumers and Entrepreneurs Co-navigate Value Uncertainty in Healthcare

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The market for healthcare provides us with a pertinent example of co-navigation of radical value uncertainty. For consumers, there is no certainty available — they can’t know which doctors or providers will give them the best experience, they don’t know the right means to choose to attain their end (health), and they can’t use the usual market price signals in the search for value since the price of healthcare is not visible to them. They don’t purchase the product, they purchase insurance, a different financial product than the healthcare experience they really need.
E4B Podcast Cover for Episode #110 Featuring Yousif Almoayyed

110: Yousif Almoayyed: Apply Economic Thinking To Better Manage Your Technology Projects

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Does economic knowledge help you manage complex IT projects? Yousif Almoayyed thinks it does.

109: Desmond Ng: Entrepreneurial Empowerment and the Austrian Approach to Value-Generating Organizational Design

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Austrian economics offers a wide range of knowledge and applications…
E4B Podcast Cover for Episode #108 Featuring Per Bylund and Mark Packard

108. Per Bylund and Mark Packard: Radically Reshaping Business Thinking via Subjective Value

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In a recently published paper titled “Subjective Value In Entrepreneurship,” Professors Bylund and Packard apply the principle of subjective value to generate significant new avenues of thinking for entrepreneurial businesses to pursue.
E4B Podcast Cover for Episode #100 Featuring Jeff Deist

107. Ivan Jankovic: The Special Understanding of Entrepreneurship by Americans of the Austrian School

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Austrian economics has always been on the leading edge of innovative…
E4B Podcast Cover for Episode #106 Featuring Mauricio Miller

106. Mauricio Miller: Entrepreneurship as the Path Upwards From Anywhere, for Anyone

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Social services are the worst policy for such people. Entrepreneurship will open up the pathway out of the neighborhoods and out of the traps of low income and limited prospects. Entrepreneurship lifts up individuals, families, and communities.
E4B Podcast Cover for Episode #105 Featuring Per Bylund

105. Per Bylund: Austrian Economics is the Science of Business Success

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For any size and any type of business, the generation of value…
E4B Podcast Cover for Episode #104 Featuring Mohammad Keyhani

104. Professor Mohammad Keyhani on Generativity, The New Digital Pathway to Business Growth

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We see business through the lens of entrepreneurship, defined as the intentional pursuit of new economic value. A reasonable proxy metric we can use is growth. Business growth is consequence of generating new economic value. That value is determined by customers, and a growing company is creating more customers and/or adding to its share of customer dollars spent in value exchange.
E4B Podcast Cover for Episode #103 Featuring Steven Phelan

103. Steven Phelan: Embrace Complexity, Pursue Continuous Innovation, Don’t Waste Time on Planning

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A rapidly advancing strand of theory has enabled great advances…
E4B Podcast Cover for Episode #102 Featuring Dale Caldwell

102. Dale Caldwell: Entrepreneur Zones Will Drive Accelerated Growth For Cities

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Can entrepreneurship be a collaborative undertaking across multiple firms? Entrepreneur Zones are an idea from Dale Caldwell to boost the economic performance of cities, and represent one form of collaborative entrepreneurship. The business platform the Mises Institute is building — Economics For Business — represents another: an online collaboration of entrepreneurs to share knowledge, experience, and practices, while competing individually to be the best at serving customers.
E4B Podcast Cover for Episode #101 Featuring Per Bylund

101. Per Bylund: Silicon Valley Is Bad At Entrepreneurship.

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Our goal at Economics For Business is to help entrepreneurs and their businesses succeed. Per Bylund and Hunter Hastings discuss the true implications of the current furor over the anti-market behavior of some of the Big Tech companies of Silicon Valley. They are destroying value and consuming capital.