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Per Bylund

Tags The EntrepreneurCalculation and KnowledgeCapital and Interest TheoryEntrepreneurshipProduction Theory

Works Published inQuarterly Journal of Austrian EconomicsThe Free MarketWho Is ...The AustrianSpeeches and PresentationsMises Daily ArticleLibertarian Papers

AwardsLawrence W. Fertig Prize in Austrian Economics

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. He has previously held positions at Baylor University and the University of Missouri. Dr. Bylund has published research in top journals in both entrepreneurship and management as well as in both the Quarterly Journal of Austrian Economics and the Review of Austrian Economics. He is the author of two full-length books: The Seen, the Unseen, and the Unrealized: How Regulations Affect our Everyday Lives, and The Problem of Production: A New Theory of the Firm. He edits the Austrian Economics book series at Agenda Publishing, and edited the volume The Next Generation of Austrian Economics: Essays In Honor of Joseph T. Salerno, published by the Mises Institute. He has founded four business startups and writes a monthly column for Entrepreneur magazine. For more information see PerBylund.com

All Works

Why Modern Economics' Fixation with "Efficiency" Is Dangerous

EntrepreneurshipOther Schools of ThoughtPhilosophy and Methodology

Blog07/05/2019

Efficiency is backward-looking and static, while value creation is future-oriented and aspirational. 

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Andrew Yang Fears Automation. He Should Fear Inflation.

06/28/2019Power & Market

Without inflationary money, automation means we can work less while at the same time have an even higher standard of living.

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Returns, Refunds, and Opportunity Cost

The EntrepreneurEntrepreneurship

Blog06/28/2019

A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.

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Is There a Limit to How Big a Corporation Can Get?

EntrepreneurshipMonopoly and Competition

Blog06/27/2019

Natural constraints on firm size are numerous, and in a truly free market, large firms would be constantly prone to being broken up and put out of business by competition. And all to often, huge firms become more long-lived due to government intervention.

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Per Bylund: ACT!

The EntrepreneurCapital and Interest TheoryEntrepreneurship

06/25/2019Audio/Video
Hunter Hastings and Per Bylund discuss why Austrian Capital Theory is the key to modern organizational design, contemporary business structure, and a high response business model.
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