Florian Follert

Articles

Economic Calculation and the Entrepreneur

10/07/2024 Mises Wire Eduard Braun Florian Follert

While most mainstream economists focus on the analysis of equilibria, Austrian economists examine the phenomena that are crucial in real-world markets operating in disequilibrium. Two of the most...

Agree or Disagree? On the Role of Negotiations for the Valuation of Business Enterprises

04/15/2019 Quarterly Journal of Austrian Economics Florian Follert Jeffrey M. Herbener Michael Olbrich David J. Rapp

ABSTRACT: In the division of labor, economizing valuations require an appraisement of the structure of market prices of goods beforehand. Yet, investment decisions concerning the purchase of an entire...

Media

Economic Calculation and the Entrepreneur

10/23/2024 Eduard Braun Florian Follert

The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—comprehend that it even exists.

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