The Entrepreneur

Displaying 1 - 10 of 431

Why Entrepreneurs Are Different

The Entrepreneur

Blog09/09/2019

Entrepreneurial action provides the fuel for the constant mining of consumer value. If entrepreneurs cease acting in this way, consumers will cease to see innovation and growing value in the marketplace.

Read More

What Adam Smith Missed in His Understanding of the Division of Labor

The EntrepreneurFree MarketsOther Schools of Thought

Blog08/26/2019

Population growth and specialization are not enough to make economies grow. The key ingredient is entrepreneurship.

Read More

The Rise of Woke Capitalism

Bureaucracy and RegulationThe Entrepreneur

Blog07/25/2019

It is highly unlikely that Woke Big Business on its own can turn the US into a totalitarian society. Historically speaking, business policies have followed the lead of governments, not the other way around. The state remains the real threat.

Read More

Austrian-Style Entrepreneurship Explains Much of China’s Growth

The EntrepreneurEntrepreneurship

Blog07/22/2019

For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.

Read More

Privateers: An Example of Private-Sector Military Defense

The EntrepreneurU.S. HistoryWorld History

Blog07/10/2019

One of the most instructive of all examples from maritime history is that of privateering, that is, the employment of profit-seeking, private armed ships during wartime.

Read More

The Rising Importance of the Austrian School to Entrepreneurs

The EntrepreneurEntrepreneurshipHistory of the Austrian School of Economics

Blog07/01/2019

There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.

Read More

Returns, Refunds, and Opportunity Cost

The EntrepreneurEntrepreneurship

Blog06/28/2019

A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.

Read More

Three Ways Capitalists Make Workers Better Off

The EntrepreneurLabor and Wages

Blog06/07/2019

Capitalists provide a service to workers: access to capital with no risk, and immediate payment for services. Meanwhile, starting your own business brings both risk and a long wait before the profits start rolling in.

Read More

Want More Investment and Entrepreneurship? Protect Private Property

The EntrepreneurGlobal Economy

Blog06/03/2019

Africa has plenty of hard workers and plenty of natural resources. But private property is not secure there, which means few are willing to invest their capital there.

Read More

Schumpeter vs. Kirzner on Entrepreneurs

The EntrepreneurEntrepreneurship

Blog05/16/2019

A comparison between the two theories of entrepreneurial action suggest that it may be time to drop the use of the words “equilibrium” and “disequilibrium” from economics.

Read More
Shield icon library