The science of economics has a big problem with vocabulary. It attempts to capture complex concepts in single words and phrases, which only serve to confuse and befuddle and cause arguments. To take a …
Ideas Are Not Scarce. Excellent Implementation And Great Execution Are Scarce.
We gathered together another insightful tweet stream from the entrepreneur's highest rated economist, Dr. Per Bylund. The problem of #entrepreneurship is not to come up with a unique idea or …
22. Steven Phelan on Managing Expectations
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 …
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17. Yousif Almoayyed on How Austrian Economics Can Make You A Better Businessperson
Yousif Almoayyed runs a concrete business based in Bahrein, part of a family conglomerate of businesses. It’s a complex business, requiring the procurement of raw materials both locally and imported, …
13. Per Bylund on Subjective Value
Per Bylund talks to Hunter Hastings about the value-centric model for successful entrepreneurship, and we provide an infographic to help you apply the model to your own business. Show …
Is There A Philosophy Of Entrepreneurship? Yes, There Most Certainly Is. It Starts With Ethics.
Mainstream economics today does not believe in ethics, or does not count ethics as a part of its program. Instead, it is based on the concept of “rationality”, asserting that both individual human …