E.C. Pasour Jr.

Articles

The Efficient-Markets Hypothesis and Entrepreneurship

07/20/2005 Review of Austrian Economics E.C. Pasour Jr.

The entrepreneur is a key figure in the market economy. In a dynamic economy, ideas, products, and services are constantly changing. Entrepreneurship, broadly defined, refers to actions of individuals as they strive to cope with constantly changing market conditions.1 When viewed in this way, all market participants-consumers, producers, and investors-engage in entrepreneurial activity.

Rent Seeking: Some Conceptual Problems and Implications

07/20/2005 Review of Austrian Economics E.C. Pasour Jr.

The problem of identifying rent-seeking activity under real world conditions is shown in this article to be similar to that of determining monopoly waste and other market inefficiencies.

Land-Use Planning: Implications of the Economic Calculation Debate

07/30/2014 Journal of Libertarian Studies E.C. Pasour Jr.

The recent widely cited National Agricultural Lands Study (NALS) adds to the growing number of individuals and organizations holding the view that land resources are too important to be left to the...

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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