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Per Bylund

Tags The EntrepreneurCalculation and KnowledgeCapital and Interest TheoryEntrepreneurshipProduction Theory

Works Published inQuarterly Journal of Austrian EconomicsThe Free MarketWho Is ...The AustrianSpeeches and PresentationsMises Daily ArticleLibertarian Papers

AwardsLawrence W. Fertig Prize in Austrian Economics

Per Bylund, PhD, is a Fellow of the Mises Institute and Assistant Professor of Entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship in the Spears School of Business at Oklahoma State University, and an Associate Fellow of the Ratio Institute in Stockholm. He has previously held positions at Baylor University and the University of Missouri. Dr. Bylund has published research in top journals in both entrepreneurship and management as well as in both the Quarterly Journal of Austrian Economics and the Review of Austrian Economics. He is the author of two full-length books: The Seen, the Unseen, and the Unrealized: How Regulations Affect our Everyday Lives, and The Problem of Production: A New Theory of the Firm. He edits the Austrian Economics book series at Agenda Publishing, and edited the volume The Next Generation of Austrian Economics: Essays In Honor of Joseph T. Salerno, published by the Mises Institute. He has founded four business startups and writes a monthly column for Entrepreneur magazine. For more information see PerBylund.com

All Works

The Economy Is Not a Factory—Nor Should We Try to Make It One

The EntrepreneurCalculation and KnowledgeEntrepreneurship

Blog02/08/2020

The economy is not primarily about the adjustment of capital investment across industries and firms, but about the determination of which industries and types of production will exist—and who will be involved in this future production.

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Intellectual Property: Innovation Should Serve Consumers, Not Producers

Protectionism and Free TradeEntrepreneurship

Blog02/06/2020

Innovations aren't very useful unless they serve consumers in the marketplace. Otherwise, we're pursuing innovation for its own sake, and that isn't progress.

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The True Costs of Bad Economists, Explained

Calculation and KnowledgePhilosophy and Methodology

Blog01/28/2020

In terms of economics, what currently is should be of very little importance: what matters, and that we should seek to understand, is the process that brought it about and that will create what will be in its place.

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Economics: The "Other Side" of Politics

01/24/2020Power & Market

The underlying problem in democracies is widespread economic illiteracy.

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Why So Many Scholars Are Wrong About Consumer Psychology

EntrepreneurshipOther Schools of ThoughtValue and Exchange

Blog12/19/2019

The idea that people are driven by fear of losses more than they are by the potential for gain has attained a sort of dogmatic adherence among behavioral economists. But there's a problem: the theory isn't true.

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