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.

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20. Dr. Keith Smith on How Austrian Economics Helped Me Innovate

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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 completely free market offering of transparent pricing with no hidden fees, with a radically patient-centric organization and different and better patient and doctor relationship protocols.
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19. Per Bylund: ACT! How To Apply Austrian Capital Theory In Modern Organizational Design, Contemporary Business Structure, and A High Response Business Model

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Austrian Capital Theory (ACT) sounds arcane, academic and complicated. In fact, it’s the key to modern organizational design, cutting edge business structures, and the high-response business models leading entrepreneurs deploy to win in today’s business environment.
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18. Steven Phelan on How To Assemble A Winning Combination Of Resources

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Austrian Capital Theory holds that capital assets are heterogeneous and complementary. In business language, that means an entrepreneur can assemble set of assets that are special to his or her firm and combined in such a way that the combination is unique, or at least hard to copy.
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17. Yousif Almoayyed on How Austrian Economics Can Make You A Better Businessperson

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Yousif Almoayyed runs a concrete business based in Bahrein, part of a family conglomerate of businesses. Part of his self-directed business education was the reading and thoughtful analysis of Austrian Economics texts, and the practiced application of the principles gleaned from non-stop reading.
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16. David Nordfors on the Huge Entrepreneurial Opportunity of the People-Centered Economy.

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David Nordfors is CEO and co-founder of IIIJ and the co-chair of the i4j – Innovation For Jobs - Summit together with Vint Cerf. He was previously co-founder and Executive Director of the Center for Innovation and Communication at Stanford University. He has served on World Economic Forum Global Agenda Councils and was one of the WEF Innovation 100 in 2009. Here are some highlights from our conversation.
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15. Jeremy Vesta On How To Create Differentiated Value In Seemingly Undifferentiated Markets.

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Jeremy Vesta is a partner in Vesta Holdings, and a manager of Harmony Beef, a greenfield start-up in the fresh beef industry. Fresh beef might be thought of as a commoditized industry. But new entrepreneurial thinking can bring profitable differentiation to all markets. Here are some highlights from our conversation.
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14. C Jay Engel on The Entrepreneurial Life

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Hunter breaks down the life of an entrepreneur with C Jay Engel,…
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13. Per Bylund on Subjective Value

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Per Bylund talks to Hunter Hastings about the value-centric model…
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12. Lisa Stevenson on Organizational Psychology And The Entrepreneurial Personality

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In our ongoing project to build a solid bridge between the theory…
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11. Per Bylund – What Is Competition?

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How should entrepreneurs think about the economic concept of…
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10. Ed Pletner Applies Alertness, Discovery, and Capabilities-Based Strategy to Start, Manage, and Grow His Firm

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Ed Pletner talks with Hunter Hastings about applying these economic…
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9. Peter Klein on Entrepreneurial Decision Making

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Decision-making can feel particularly challenging for entrepreneurs. Entrepreneurs face the unpredictability of the future with a limited set of resources, limited information, very little history of what works and what doesn’t, and few, if any, people to help. There’s no corporate research department and not much big data. Decision-making can be daunting. How can economics help? Today we discussed this topic with Peter Klein.