Prices — what do they do?
13 Aug 2015 Leave a comment
in applied price theory, applied welfare economics, Austrian economics Tags: competition is a discovery procedure, market process, The meaning of competition
Mises on the origin of profits
19 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, entrepreneurship, industrial organisation, Ludwig von Mises, survivor principle Tags: creative destruction, entrepreneurial alertness, market process, profit and loss, The meaning of competition
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