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.
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…
102. Dale Caldwell: Entrepreneur Zones Will Drive Accelerated Growth For Cities
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.
101. Per Bylund: Silicon Valley Is Bad At Entrepreneurship.
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.
100. Jeff Deist: Animating Economics to Serve Real People and Real Businesses
Economics is treated by many as an arid field of mathematical modeling. Human beings are treated as data in the model, almost the way physics regards atoms and molecules. This approach to economics doesn’t help people much; it doesn’t help us understand the world, and isn’t helping us build a better future.
99. Scott Livengood Reframes Entrepreneurship for New Audiences
Why isn’t everyone an entrepreneur? Perhaps we don’t explain it well enough or in language that lets everyone in on the wonders and the thrills of the pursuit of new economic value.
98. Mark Packard’s Empathic Mental Model for Predicting Future Customer Value
Empathy, properly employed, is a robust business tool that smart…
97. John Boles: How Austrian Is Your Business? Continuous Value Perception Monitoring is One Measure.
With the development of the Austrian Business Paradigm and the Austrian Business Model, and tools such as the "Value Learning Process," businesses of all kinds can utilize the deep insights of Austrian economics to further enhance how they facilitate value for their customers.
96. Vishal Gupta and the Nobel Prize For Entrepreneurship Research
Researchers into entrepreneurship have a powerful incentive to identify new insights about how businesses grow and thrive.
95. Martin Lünendonk: How To Make The Customer Your Boss
Consumer sovereignty is a principle of Austrian economics. Here’s how entrepreneurs apply the principle in business, as told by Martin Lünendonk, co-founder of FounderJar.com, as well as Finance Club and Cleverism.com.
94. Peter Klein on the Advantaged Business Insights of the Austrian School
Six ways — selected from many — that businesspeople can derive more insightful knowledge and perspective from Austrian economics than from traditional Business School teaching.
93. Ramon Ray’s Entrepreneurial Communities
“Small business” is just a government classification. Entrepreneurial…
92. Clay Miller: 5 Austrian Principles Applicable to Your Business Today
Principles of Austrian economics have immediate applications in business. Clay Miller, a deeply experienced and highly successful global tech entrepreneur, makes the case via five principles drawn from five easily-accessible sources of Austrian economic theory, with many accompanying examples.