Mises Wire
Author:
Karl-Friedrich Israel
Online Publish Date:
cooperation. Moreover, every successful entrepreneur, whether pursuing a “social” mission or not, acts economically and generates profit. McCaffrey analyzes two types are somewhat more complicated. They integrate the pursuit of a “social” mission directly into the production process. An entrepreneur might for example hire which of course is unsustainable in the long run. The social enterprise would fail just like any other enterprise that incurs losses. It might also turn out that