The Entrepreneur
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Mises.org on Microsoft
On-going coverage and analysis, from an Austrian and free-market perspective, of the government's attack on an American success story.
Ten Thousand Commandments: A Story of the Antitrust Laws
From the author: This book is not for lawyers, but for people. Or, if that distinction sounds unfair to my legal friends, let’s say it’s for laymen. The lawyers may read it if they want to. I put the citations in for them. I have tried to write...
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Essays in European Economic Thought
In this 1960 volume, Louise Sommer brought together for the first time in English translation some of the most brilliant essays in economics written in Europe in the late 19th and early 20th centuries, i n the hope of furthering among the...
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Men, Motors, and Markets
During the early history of the automobile industry, practically every part of the car was produced by the independent manufacturers of parts. The automobile companies merely assembled the parts into a complete car. And as often as not, it was...
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1.3. Management Under the Profit System
The profit motive drives entrepreneurs to serve the consumers.
4.2. Interference with the Height of Profit
The virtue of the profit system is that it puts on improvements a premium high enough to act as an incentive to take high risks.
4.4. Unlimited Dependence on the Discretion of Government Bureaus
In the bureaucratic environment the entrepreneur must resort to two means: diplomacy and bribery.
