misesmedia: Per Bylund on the Importance of Good Theory for Good Business
What use is economic theory in business? It’s indispensable. It’s the necessary starting point for all businesses, brands, and projects. Only when you have mastered theory can you master the navigation of specific situations, and be confident in your good decision-making and judgment. Per Bylund explains.
Show notes: https://Mises.org/library/bylund-importance-good-theory-good-business
"Let ’ s do it Frank ’ s way: general principles and historical specificity in the study of entrepreneurship" by Marek Hudik and Per Bylund (PDF): https://Mises.org/E4B_118_Paper
"Entrepreneurship in Theory and Practice" (PDF): https://Mises.org/E4B_118_PDF
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