Robots Do Not Destroy Employment, Politicians Do
Countries with the highest levels of robotization have the lowest unemployment rates.
The Entrepreneur
Displaying 211 - 220 of 605
“Windfall Profits” Aren’t a Problem
Once it is understood that profits and losses evolve from the changing values of consumers, it becomes obvious that abolishing windfall profits or windfall losses is impossible.
Starbucks Case Illustrates How Government Police Aren’t Like Private Police
Unlike government police, private firms often suffer falling stock prices and falling revenues when running afoul of public expectations.
Why the Cleveland Browns Need More than Draft Capital to Be Successful
The Cleveland Browns enter this year's NFL draft with a tremendous capital advantage to other teams. That's not enough to guarantee their success.
Lenin Was Right
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency.
What Entrepreneurs Can Learn from the Cummins Engine Company
In the pursuit of profit, many firms also seek to improve their communities in more intangible ways.
Competition and Political Entrepreneurship: Austrian Insights into Public-Choice Theory
Applying Austrian economics to the study of public choice theory expands our knowledge of government institutions.
Mises and Hayek Dehomogenized
Today, the term "Austrian economics" is used to designate two very different paradigms.
Consumer Sovereignty Is a Problem For Government “Stimulus” Plans
Government stimulus plans can't take into account dynamic factors like entrepreneurial innovation and consumer preferences.
How Entrepreneurs Wouldn’t Let a Beloved Car Brand Die
Not all entrepreneurship end up with mass production. Sometimes it involves deeply personal efforts to make a very personalized product.
