Entrepreneurship

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Christian Hugo Hoffmann

What are the different concepts of financial risk? How do Austrian economists conceive of risk, uncertainty, and probability? Christian Hoffmann, parting ways with Mises, provides a taxonomy and cautions about the predominance of probability statistics in the realm of economics and finance.

Ryan McMaken

Many products — delivered by the marketplace — that are mocked as "useless," and which environmentalists denounce as "wasteful" are essential items in the daily lives of many disabled people.

Per Bylund

We take so many things that make daily life easier for granted. But entrepreneurs are usually behind what often amounts to revolutionary changes.

Per Bylund

Thanks to entrepreneurs, markets are dynamic and constantly expanding. Attempts by governments to manage prices through the bureaucracy are sure to hinder this dynamism and drive to serve customers.

F.A. Harper

Equalization of incomes can be accomplished only by moving down the road toward serfdom.

Antony P. Mueller

The endpoint of the existing system of party democracy, social welfare, and state capitalism is state bankruptcy, misery, and suppression.