Entrepreneurship

 In the market economy there are no conflicts between the interests of the buyers and sellers.

Why are there many firms in the world, and not just one, big mega-corporation? The answer lies in the problem of calculating costs and prices.

Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.

People who are born as the wealthy children of successful businesspeople are often very confused about how economic prosperity is created.

We have designed a survey to investigate 8 entrepreneurial traits. Please help us to refine this research instrument by participating in this survey.

The principal characteristic shared by Socrates, Plato, and Aristotle — the three greatest philosophers of ancient Greece — was their inability to grasp the essential principles of the spontaneous market order and its dynamic process of social cooperation.

Schumpeter's review, now available in English, emphasizes that Fetter's Principles is more than merely a textbook, and highlights the close connection between Fetter’s theory and the economics of the Austrian school, especially his classification of entrepreneurial activity.

Calls for finding efficiencies in government by electing or appointing people to “run it like a business” are futile.

Recorded at Mises University 2018.

If you are “self-employed,” you do not have the luxury of focusing on keeping down or cutting (your) costs instead of creating value.