Entrepreneurship

With Man, Economy, and State, Mises concluded, "Rothbard joins the ranks of the eminent economists."

But because of his interaction with Robert LeFevre in Colorado in the '50s and '60s, libertarian ideas were among those he toyed with and dramatized in certain of his stories.

"But if peace meant disaster to the company, it also taught it an important lesson. A company that manufactured more rifles than it could sell to hunters, or to its own government, must seek foreign business."

"When something becomes illegal, consumer demand does not vanish."

Are we going to let government's wartime central planners control our lives 70 years after the fact?

Austrians offer a distinct and valuable approach to basic economic questions, an approach that should be central to research on theoretical and applied topics in economics and business administration.

The drop in interest rates makes unrealizable projects appear profitable and realizable. Entrepreneurs embark upon the execution of such projects.

"The book takes the position that the most interesting problems of economic organization relate to the intersection of the entrepreneurial and capitalist functions."

"Production has been altered in such a way that the length of waiting time has been extended. But the demand for consumers' goods has not dropped so as to make the available supply last for a longer period.

"The government can talk about entrepreneurship and act like it is promoting it, but all of what government does by taxing and regulating impedes the entrepreneur."