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- Search found 2 items for:
- Entrepreneurship
- Media Asset
- 2007
Media Asset
Author:
Peter G. Klein
Online Publish Date:
Causal-realist analysis allows imaginary constructs like the ERE — Evenly Rotating Economy — in order to isolate certain factors like interest. There would be no profit or loss in the ERE, because those can only exist under conditions of uncertainty. Klein explains profit as a category, not a line item. The entrepreneur’s function is to