Antitrust, Explained
14 Mar 2019 Leave a comment
in applied price theory, Austrian economics, industrial organisation, law and economics Tags: competition as a discovery procedure, competition law, creative destruction
Watching a show about the dot com bubble: learning by investing
23 Jan 2019 Leave a comment
in financial economics, industrial organisation, survivor principle Tags: competition as a discovery procedure, efficient markets hypothesis
Market-based assurance of quality and performance alert
12 May 2017 Leave a comment
in economics of information, industrial organisation, survivor principle Tags: competition as a discovery procedure, experience goods, The meaning of competition experience goods
Why does an industry need regulation when incidents of malfeasance are front page news that closes the offending business for good? Social media is another market discipline of quality.
Adam Smith on entrepreneurial drive
02 Jan 2016 Leave a comment
in Adam Smith, applied price theory, applied welfare economics, entrepreneurship, history of economic thought, industrial organisation, survivor principle Tags: competition as a discovery procedure, creative destruction, entrepreneurial alertness, market selection, The meaning of competition
What is the only source of profit?
02 Dec 2015 Leave a comment
in applied price theory, Austrian economics, entrepreneurship, history of economic thought, industrial organisation, Ludwig von Mises, survivor principle Tags: competition as a discovery procedure, consumer sovereignty, entrepreneurial alertness, market process, market selection, profit and loss, The meaning of competition
Hayek’s use of knowledge in society
02 Oct 2015 Leave a comment
in applied price theory, economics of information, entrepreneurship, F.A. Hayek, industrial organisation, survivor principle Tags: competition as a discovery procedure, entrepreneurial alertness, market process, The meaning of competition
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