Claus Wiemann Frølund

Claus W. Frølund is Assistant Professor of Entrepreneurship and Innovation at the University of South-Eastern Norway. He was educated at Copenhagen Business School. Discovering Austrian Economics was nothing short of a revelation for him, as it helped make sense of a lot of his beliefs, many of which are far from mainstream in Scandinavia.

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Yes, There Are Tradeoffs between Disease Prevention and Economic Destruction

ProgressivismCalculation and Knowledge

Blog04/07/2020Claus Wiemann Frølund

Noneconomists struggle to realize that scarcity results in the necessity of tradeoffs. During the COVID-19 pandemic, this difference in thinking causes them to wrongly accuse economists of "prioritizing money over lives."

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