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Zhang Weiying is a Chinese Professor of Economics who “came across” the Austrian School of Economics. In an article published in Economic Observer on September 4, 2017, he made these points: · The Austrian School of Economics is the best market theory. It studies the actual market. It gives entrepreneurship central status. It understands economic

On the Mises Institute’s Economics For Entrepreneurs podcast, Dr. Per Bylund has stated more than once that entrepreneurs who can develop an understanding of both the laws of economics and the mind of the customer can thereby create a competitive advantage and a successful business. The laws of economics he refers to are the principles of Austrian

Listen to  the  Audio Mises Wire  version  of this article. Recently, on the Human Action Podcast , Jeff Deist and I discussed the Rothbardian theory of the entrepreneurial economy in chapter 8 of Man, Economy, and State , titled “Production, Entrepreneurship, and Change.” In this article I will illustrate just how this Austrian theory is applied

Jeff Deist recently argued the case for economics over politics in his talk “ Markets vs. Mobs .” I believe markets will prevail, and here’s why. Our resource is not “science” but knowledge. It accumulates, perhaps at an exponential rate. Mises.org is one of the great consolidators of knowledge, attracting many more people than ever before