Affiliation:
1. Oklahoma State University
Abstract
"Austrian Economics in Contemporary Business Applications" shows how Austrian ideas—value subjectivity, consumer sovereignty, capital allocation, entrepreneurship, etc.—can be useful “to practical management problems.” It is, up to this point, the highest scholarly achievement of the "Economics for Business" project of the Mises Institute. The book does not cover everything, but is a good first approach to summarizing Austrian ideas for business people. Next efforts should turn the focus more explicitly to entrepreneurs and businessmen and less to academics.
Subject
General Economics, Econometrics and Finance
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