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- Search found 42 items for:
- Entrepreneurship
- 2007
Media Asset
Author:
Peter G. Klein
Online Publish Date:
Causal-realist analysis allows imaginary constructs like the ERE — Evenly Rotating Economy — in order to isolate certain factors like interest. There would be no profit or loss in the ERE, because those can only exist under conditions of uncertainty. Klein explains profit as a category, not a line item. The entrepreneur’s function is to
Mises Daily
Author:
Dick Clark
Online Publish Date:
There are a lot of bad things said about Wikipedia , the ninth most-visited destination on the internet . An encyclopedia that anyone can edit, critics argue, is one that is vulnerable to endless mistakes. Such criticisms have been raised by skeptics since Wikipedia’s creation in 2001. Despite the critics, Wikipedia has grown to include 8.2
Mises Daily
Author:
Thomas J. DiLorenzo
Vedran Vuk
Online Publish Date:
Bono and his wife, Ali Hewson, have been traveling the globe endorsing their new clothing line, Edun. This clothing line promises to create Fair Trade–like principles which respect the workers who make the clothes and pass on the workers’ story. As Ali Hewson says with an interjection from Bono, “It’s making people aware of the story of clothes
Mises Daily
Author:
Robert Blumen
Online Publish Date:
Are we in a brave new world in which countries with developed financial markets produce nothing, have no physical capital, run permanent trade deficits, and pay for it all with perpetually over-valued financial assets? Yes indeed, according to Charles Gave, Louis Gave, and Anatole Kaletsky (GaveKal) as told in their book Our Brave New World . [1]
Mises Daily
Author:
Jim Fedako
Online Publish Date:
Recently, my wife and I celebrated the birth of our fifth child in twelve years. Over that stretch of time, we have seen hospitals adapt to the wants of the consumer: future mothers and fathers. Some of the changes we have witnessed have been subtle, mere nuances, while other changes have been quite dramatic. Together, these changes lead me to two
Mises Daily
Author:
Jim Fedako
Online Publish Date:
Traveling through Europe on a recent family vacation provided a number of situations that bring the ideals of Liberty, Freedom, and Property to light. 1. Pictures at the Eiffel Tower Despite what is taught in public schools, individuals looking out for their own satisfactions will coordinate their means in a mutually beneficial manner. For many,
Mises Daily
Author:
Jim Fedako
Online Publish Date:
Creative destruction (Joseph Schumpeter’s phrase) occurs when innovations — new technologies or business models — demolish the capital structures of well-established industries, industries that have lost the ability to satisfy the urgent wants of consumers. This process can happen almost over night, such as when the vinyl record industry collapsed
Mises Daily
Author:
Isabel Lyman
Online Publish Date:
In the late 1960s and early 1970s, the modern home education movement was in its infancy. At that time, most Americans viewed home-styled education as a quaint tourist attraction or the lifestyle choice of those willing to endure more hardship than necessary. What a difference a few decades makes. Homeschooling has undergone an extreme makeover.
Mises Daily
Author:
Edward Stringham
Online Publish Date:
Introduction How Would the Market Look? Contemporary Solutions Offered on a Local Level Contemporary Solutions Offered on a Global Level Integration of Local and Non-local Services Different Services for Different Preferences Variety of Legal Choice Does Not Mean Chaos Interpersonal Utility Comparisons Conclusion Notes [This article originally