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Austrian Economics is the Science of Business Success

 









For any size and any type of business, the generation of value requires more than strategy, planning, and executional excellence. It calls for the establishment, communication, and internalization of value-generation principles, solidly founded and consistently applied.


This concept of the long term, dynamic application of unchanging principles is the essence of the Austrian approach to business.


Snow notes: https://Mises.org/library/bylund-austrian-economics-science-business-success


“Long Term Value Generation as a Science of Business Success” (PDF): https://Mises.org/E4B_105_PDF


QJAE Special Double Edition on Entrepreneurship: https://Mises.org/E4B_105_QJAE



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Per Bylund
Per Bylund, PhD, is a Fellow of the Mises Institute and Assistant Professor of Entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship in the Spears School of Business at Oklahoma State University, and an Associate Fellow of the Ratio Institute in Stockholm.
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