| The management methods and practices that have been gathered under the term agile claim the status of a Copernican Revolution. Agile reverses the traditional view of business revolving around the firm, instead placing the customer at the center and viewing all other elements as revolving around the customer.
This is a welcome development — but just a step towards the Austrian vision of consumer sovereignty and the concept of value as created by the consumer, not the producer. Show Notes: https://mises.org/library/bylund-laws-agile “The Laws of Agile Meet Austrian Economics” (PDF): Mises.org/E4E_38_PDF Economics For Entrepreneurs is also available on… |
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