The Entrepreneur

Peter Klein examines the role and work of Austrian scholars like Mises, Kirzner, Hayek, and others in explaining how entrepreneurship works.

Every human action is undertaken in the hope of gaining at least some psychic profit. Profit need not be measured in dollars.

Emperors can rest on their laurels but capitalists never can.

With an excessive height of the income and estate tax rates for the very rich, a capitalist may consider it the most advisable thing to keep all his funds in cash or in bank balances not bearing any interest.

We can have a competitive marketplace if government will just get out of the way and stop erecting barriers to creating new businesses and new competitors for established companies.

Dr. Accad presents a brilliant application of Austrian theory to real world practice.

Hunter Hastings outlines how technology can help empower entrepreneurship and usher in a new age of individualism.

If consumers are free to choose, any entrepreneur focused on serving customers can compete against even huge established corporations. Moreover, the market provides a way to reward the most innovative and customer-centered entrepreneurs.

The Ludwig von Mises Memorial Lecture sponsored by James Walker.

Subsidies, government quotas, and regulations of workers won't make us richer or better off. Only private owners and entrepreneurs can determine the best way to use labor (and capital).