Part I, the price system: Part II, profit and loss: See also, Kirzner, How Markets Work: Disequilibrium, Entrepreneurship and Discovery (PDF), which is a wonderful rebellion against the over-simplification of neo-classical economics. For example: Austrian theory, as presented here, places great weight on ‘entrepreneurial discovery’ which enables decentralised decision-makers to […]
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Sustainability: An Assault on Economics – Tyler A. Watts
One of my key areas of interest is how to deliver sustainable, stable and inclusive prosperity. This is why I dedicate so much time to economics. However, the word “sustainable” may not convey the same thing to everyone: via Sustainability: An Assault on Economics – Tyler A. Watts – Mises […]
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