Audio Mises Wire

Home | Mises Library | How Consumer Sovereignty and Entrepreneurship Work Together

How Consumer Sovereignty and Entrepreneurship Work Together

Audio Mises Wire

Tags Entrepreneurship

01/08/2021Per Bylund

Consumers are indeed sovereign, but the reason consumers can exercise their sovereignty is that entrepreneurs have already borne the uncertainty of production to make the goods available for purchase.

Original Article: "How Consumer Sovereignty and Entrepreneurship Work Together​"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Contact Per Bylund

Per Bylund is associateprofessor of entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University. Website: PerBylund.com.

Shield icon audio