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- Entrepreneurship
Media Asset
Author:
Joseph T. Salerno
Online Publish Date:
Capitalist-entrepreneurs must anticipate supply and demand conditions of future market conditions. It is the future price - the appraisement – that must be compared to the costs of factors of production (land, labor, and capital). There is no going rate of profit. The basic rate is the rate of interest. Profits are the outgrowth of uncertainty.
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
Entrepreneurs see the future better than others and go and make money off it. Profits are an index that maladjustments are being met and combatted by the profit-making entrepreneurs. Capital does not beget profits. Only wise entrepreneurial decisions do that. The paradox of saving is that saving is the necessary and sufficient condition for
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
How a free market in law enforcement and military defense could work. Recorded at Mises University 2010.
Media Asset
Author:
Walter Block
Online Publish Date:
As interviewed on CBC’s CKVU and on “WestCoast,” December 4-5, 1989 [9:20]
Media Asset
Author:
Walter Block
Online Publish Date:
From Part V of Defending the Undefendable , “Financial.” Read by Jeff Riggenbach. [9:43]