Mises Wire

Per Bylund on Subjective Value

The EntrepreneurEntrepreneurship

05/14/2019Audio/Video
If you truly understand subjective value, you’ll be a great entrepreneur. Hunter Hastings interviews Per Bylund.
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America's Defense Budget Is Bigger Than You Think

War and Foreign Policy

Blog05/13/2019

America's "defense" budget is really more than $1.2 trillion, more than double the Pentagon's official "base budget," once we include all the other related spending like that on "homeland security" and veterans affairs.

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Can a Commodity-Money Economy Co-Exist with a Fiat-Money Economy?

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

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On Conceptualizing Risk: Breaking the Dichotomy between Knightian Risk and Uncertainty

Austrian Economics OverviewEntrepreneurship

05/07/2019Quarterly Journal of Austrian Economics
What are the different concepts of financial risk? How do Austrian economists conceive of risk, uncertainty, and probability? Christian Hoffmann, parting ways with Mises, provides a taxonomy and cautions about the predominance of probability statistics in the realm of economics and finance.
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Lisa Stevenson: Organizational Psychology and the Entrepreneurial Personality

The EntrepreneurEntrepreneurship

05/07/2019Audio/Video
Hunter Hastings and Lisa Stevenson discuss how entrepreneurs can use Industrial and Organizational Psychology to help their firm succeed.
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Per Bylund: What is Competition?

The EntrepreneurEntrepreneurship

04/30/2019Audio/Video
Is thinking about the concept of competition useful for entrepreneurs running businesses? Hunter Hastings interviews Per Bylund.
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Private Property, Public Purpose

Private Property

04/25/2019Books
Property in private hands used for the production of goods and services for the market is already for all practical purposes public wealth. It is serving the public just as much as — in fact, far more effectively than — if it were owned and operated by the government.
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Ed Pletner Applies Alertness, Discovery, and Capabilities-Based Strategy to Start, Manage, and Grow His Firm

The EntrepreneurEntrepreneurship

04/23/2019Audio/Video
Alertness, Discovery, and Resource-Based Strategy. Ed Pletner talks with Hunter Hastings about applying these economic concepts to start, grow, and manage a thriving business.
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