Entrepreneurship

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Entrepreneurs Build the Roads—and Government Closes Them

The EntrepreneurEntrepreneurshipInterventionismMonopoly and Competition

Blog01/09/2015

Last year, British entrepreneur Mike Watts made headlines when he opened England’s first private toll road in more than a hundred years. The road has now been closed, but its brief history provides a sad (and all-too-typical) example of...

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New Research in Austrian Economics

Booms and BustsThe EntrepreneurThe FedMoney and BanksCapital and Interest TheoryEntrepreneurshipMonetary TheoryMoney and Banking

Blog12/29/2014

Research is not just the way we add to the body of knowledge left by previous generations, but is also an effective means of engaging and challenging the ideas of mainstream economics.

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Call for paper for a special issue on ''Business Management and Austrian Economics'':

The EntrepreneurEntrepreneurshipPraxeology

Blog12/18/2014

Call for Papers for a special issue on "Business Management and Austrian Economics" in the journal BFuP - Betriebswirtschaftliche Forschung und Praxis.

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Computer Networks and Applications: Open or Closed?

EntrepreneurshipPrivate Property

Blog11/19/2014

Computing and networking practices move in cycles. In the early days of computing, processing occurred in a few large mainframe computers, with users dialing in using "dumb" terminals. The PC revolution of the 1980s made it possible for simple tasks to be performed locally, on the desktop, while...

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Military Socialism

War and Foreign PolicyEntrepreneurshipOther Schools of Thought

Blog11/10/2014

There’s a long history of comparing market competition to warfare. Game theorists, for example, sometimes use metaphors borrowed from military strategy to talk about...

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Böhm-Bawerk and Entrepreneurship

Entrepreneurship

Blog11/06/2014

Murray Rothbard always maintained that Eugen von Böhm-Bawerk, the teacher of Ludwig von Mises, was one of the greatest economists who ever lived.  And Böh...

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Economists and Entrepreneurs

Entrepreneurship

Blog11/03/2014

For once I agree with Paul Krugman, who writes: “success in business does not seem to convey any special insight into economic policy.” Unfortunately, everything in his

...

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Guess Who Built the Roads?

Entrepreneurship

Blog08/04/2014

There’s a great story in the news this week about Mike Watts, a British entrepreneur who’s found a creative solution to one of economics...

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Should Government Promote Entrepreneurship?

Big GovernmentThe EntrepreneurEntrepreneurship

Blog10/08/2012

That's the title of my talk tomorrow evening at the CEVRO Institut in Prague (5pm, Tuesday 9 October). You can probably anticipate the answer, but you have to come for the full explanation!

The...

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The Division of Labor, Self-Serve Dog Wash Edition

The EntrepreneurEntrepreneurship

Blog08/16/2012

 

Dirty Hairy Dog Wash Daphne, Alabama

"The greater productivity of work under the division of labor is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a...

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