-
I've taken my standard business school econ classes and read their textbooks. And, in my own time, I've read Rothbard's Man, Economy, and State . To the extent the latter can be considered a textbook (I think it absolutely can), I would say I learned and retained much more from that book by myself, with no instruction, than from both of
-
Most of it has been said already, but I would add that actual demand is only ever determined ex post. Sometimes, when you hear of entrepreneurship as a process of discovery, you might be tempted to think of it as entrepreneurs trying to discover consumer demand, and the consumers are simply waiting until the right entrepreneur comes along with the right
-
I'm sure this has a name, but I can't think of it. What would you call the phenomenon seen in many scenarios, but perhaps most prevalently in higher education, that those who pay for a good or service themselves are more likely to appreciate it, while those who receive the good or service for free or at a reduced cost are more likely to take