The Oklahoma City Curse, Skyscraper Edition | Mark Thornton
Oklahoma City recently approved the construction of the Legends Tower at a record-setting height of 1,907 feet. Is this the skyscraper curse in the making? Or, could it be an indication of a global stock market boom?
Austrian economics helps entrepreneurs to develop and implement more effective business strategies, and to open up streams of continuous innovation. As Joe Matarese, CEO of Medicus Healthcare Solutions, said (see https://Mises.org/E4B_126) about Austrian economics in relation to business: It just works.
In episode #127 (https://Mises.org/E4B_127), Matt McCaffrey outlined the Austrian strategy process of Explore and Expand, and its logic development. This week, he helps us dig deeper to identify the principles of Austrian economics that underpin our distinctive approach to business strategy.
Show notes: https://mises.org/library/matt-mccaffrey-austrian-business-strategy-part-2-principles
"Austrian Entrepreneurial Principles" (PDF): https://Mises.org/E4B_128_PDF
Austrian Perspectives on Entrepreneurship, Strategy, and Organization by Nicolai J. Foss, Peter G. Klein, and Matthew McCaffrey: https://Mises.org/E4B_127_Book
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https://www.youtube.com/watch?v=Qa-q47hh10w
At this year's AERC, Dr. Michel Accad, who practices cardiology and internal medicine in San Francisco, presented a fascinating paper fusing Misesian insights with medicine. Dr. Accad highlights how viewing "the body as a machine" has played a major role in the rise of medical paternalism and one-size-fits all treatment. Dr. Accad instead proposes a praxeological framework for medicine, with health being defined "as the state that is present when one's physical and mental conditions allow the pursuit of one's chosen ends." Dr. Accad's talk is a brilliant application of Austrian theory to real world practice.
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https://www.youtube.com/watch?v=zXYcb8kQ7WQ
Recorded at the Mises Institute in Auburn, Alabama, on July 16, 2018.
Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
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https://www.youtube.com/watch?v=iUNPdR-K6GQ
Presented in Hilton Head Island, South Carolina on Saturday, October 12, 2024.
Sponsored by Nicholas Maier.
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https://www.youtube.com/watch?v=Asry1QWQULQ
Sponsored by John Bartel, this faulty panel features Peter Klein, Tom DiLorenzo, Jeff Herbener, Sandy Klein, Roberta Modugno,
Jo Ann Cavallo, Yuri Maltsev, and Mark Thornton. Presented at the Mises Institute's 35th Anniversary Celebration in New York City on October 7, 2017.
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https://www.youtube.com/watch?v=qquhbwQhdm4
What drives customer behavior and customer choices? It’s the existential question for business; you’ve got to know the answer. But it’s a mystery, hard to unlock. The solution to this answer lies in what market researchers call insights, based on the Austrian deductive method that we summarized in episode #164 with Per Bylund (https://Mises.org/E4B_164). In episode #165, we talk to Darshan Mehta, a lifelong professional in the field, an advisor to global and local brands, an originator of insights technology, and a deep thinker in the field.
Show notes: https://mises.org/library/darshan-mehta-insights-are-game-changers-business
Getting To Aha! Why Today’s Insights Are Tomorrow’s Facts by Darshan Mehta: https://Mises.org/E4B_165_Book
https://iResearch.com
Contextual In-Depth Interview Method: https://Mises.org/E4B_165_Contextual
Episode 33 "Isabel Aneyba: Listening From the Heart and the Techniques of Empathy": https://Mises.org/E4E_33
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https://www.youtube.com/watch?v=DHFGdbNY490
Power and Market was never meant to be an addendum to Man, Economy, and State, but a vital part of the book’s unbridled economic analysis of a truly free market — and a searing new typology of interventionism. Dr. Patrick Newman (Mises.org/PNewman) joins the show for a fascinating look at Rothbard’s groundbreaking conceptual work in private defense, private courts, and the stark realities of political incentives.
Use the code HAPOD for a discount on Man, Economy, and State from our bookstore: Mises.org/BuyMES.
Man, Economy, and State: Mises.org/MES
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https://www.youtube.com/watch?v=pv2lQd1WlPc
Mark is not fooling around today. He looks back at the history of gold and its price, which some believe is too erratic and too unstable (like Bitcoin) to serve as a basis of a monetary system. Mark shows that it is not gold that destabilizes events in the real world, but rather real world events related to political decision-making that has made the price of gold unstable. The price of gold is a "minor" indicator of what governments are really up to.
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
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https://www.youtube.com/watch?v=TiqViIK6hz0
Recorded at the Mises Institute in Auburn, Alabama, on 20 July 2021. Download the slides from this lecture at https://Mises.org/MU21_PPT_13.
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https://www.youtube.com/watch?v=601JhfSenow