Value lies largely in the mind of the consumer, and the task of the entrepreneur is to try to understand consumers’ feelings and preferences and to provide a product or service in line with what the consumer wants.
Rick Rule explains the economic foundations of a journey to entrepreneurial leadership in a market segment that many others find intimidating and impossibly complex.
The attack on the principles of the Rule of Law was part of the general movement away from liberalism which began about 1870. It came almost entirely from the intellectual leaders of the socialist movement.
The history of poverty is almost the history of mankind. The ancient writers have left us few specific accounts of it because they took it for granted. It was the normal lot.
Hunter Hastings and Per Bylund discuss specific examples of how Austrian economics helps entrepreneurs go beyond current management best practices to achieve a new level of value creation.
