The Driving Force of the Market

The Driving Force of the Market PDF Author: Israel M. Kirzner
Publisher: Psychology Press
ISBN: 9780415228237
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This book offers a unique insight into the character of Austrian economies and collects the recent work of the world's leading authorities in this area. The book will be welcomed by those interested in the legacy of Austrian economics.

The Driving Force of the Market

The Driving Force of the Market PDF Author: Israel M. Kirzner
Publisher: Psychology Press
ISBN: 9780415228237
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This book offers a unique insight into the character of Austrian economies and collects the recent work of the world's leading authorities in this area. The book will be welcomed by those interested in the legacy of Austrian economics.

The Driving Force

The Driving Force PDF Author: Peter Schutz
Publisher: Leadershippublishing.com
ISBN: 9780977128914
Category :
Languages : en
Pages : 0

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Book Description
What makes a company great? After all, management trends come and go. Economic conditions fluctuate and market demands shift. Corporations re-structure and new owners take over. The one constant, the one enduring truth, is that people define the character of a company. They always have and always will. Motivated, passionate people make the difference between ho-hum mediocrity and extraordinary performance. That's the message from Peter W. Schutz, former CEO of Porsche AG and author of this new book. Schutz explains that people are the heart and soul of any business. In The Driving Force, he shares a wealth of insights he learned throughout his career that relate to the successful management of people.

Driving Force

Driving Force PDF Author: Dick Francis
Publisher: Penguin
ISBN: 1101195495
Category : Fiction
Languages : en
Pages : 287

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Book Description
"Delightful...A tense, fast-paced new mystery...boasting a resolute, resourceful, and modest hero and lots of racetrack characters and color." SAN FRANCISCO CHRONICLE Transporting racehorses to the course is big business for ex-jockey Freddie Croft. But when a driver breaks a cardinal rule and picks up a hitchhiker, the results are fatal...for the hitchhiker. Freddie knows that a corpse is bad for business, especially when its trail leads to corpse number two --- and to strange nighttime stalkers and unseen conspirators who are weaving a web of deceit and danger that Freddie might never escape....

No Ordinary Disruption

No Ordinary Disruption PDF Author: Richard Dobbs
Publisher: PublicAffairs
ISBN: 1610397622
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Our intuition on how the world works could well be wrong. We are surprised when new competitors burst on the scene, or businesses protected by large and deep moats find their defenses easily breached, or vast new markets are conjured from nothing. Trend lines resemble saw-tooth mountain ridges. The world not only feels different. The data tell us it is different. Based on years of research by the directors of the McKinsey Global Institute, No Ordinary Disruption: The Four Forces Breaking all the Trends is a timely and important analysis of how we need to reset our intuition as a result of four forces colliding and transforming the global economy: the rise of emerging markets, the accelerating impact of technology on the natural forces of market competition, an aging world population, and accelerating flows of trade, capital and people. Our intuitions formed during a uniquely benign period for the world economy -- often termed the Great Moderation. Asset prices were rising, cost of capital was falling, labour and resources were abundant, and generation after generation was growing up more prosperous than their parents. But the Great Moderation has gone. The cost of capital may rise. The price of everything from grain to steel may become more volatile. The world's labor force could shrink. Individuals, particularly those with low job skills, are at risk of growing up poorer than their parents. What sets No Ordinary Disruption apart is depth of analysis combined with lively writing informed by surprising, memorable insights that enable us to quickly grasp the disruptive forces at work. For evidence of the shift to emerging markets, consider the startling fact that, by 2025, a single regional city in China -- Tianjin -- will have a GDP equal to that of the Sweden, of that, in the decades ahead, half of the world's economic growth will come from 440 cities including Kumasi in Ghana or Santa Carina in Brazil that most executives today would be hard-pressed to locate on a map. What we are now seeing is no ordinary disruption but the new facts of business life -- facts that require executives and leaders at all levels to reset their operating assumptions and management intuition.

The Driving Force of the Collective

The Driving Force of the Collective PDF Author: Guinevere Liberty Nell
Publisher: Springer
ISBN: 1137468394
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships – such as a dynamic and evolving public sector – that might complement a thriving market. In direct response to Israel Kirzner's The Driving Force of the Market, Nell challenges traditional Austrian economics by proposing "democratic process theory" as a parallel to market process theory, highlighting the possibilities for an economic organization that harnesses the power of transparent and effective democracy. Keeping in mind the central problems experienced in socialist and capitalist countries due to self-interested political and economic actors, The Driving Force of the Collective highlights the public sector advantages of allowing culture and institutions to evolve endogenously as a spontaneous public sector order.

Top Management Strategy

Top Management Strategy PDF Author: Benjamin B. Tregoe
Publisher: Touchstone
ISBN: 9780671254025
Category : Business planning
Languages : en
Pages : 0

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Book Description


The Capitalist & The Entrepreneur

The Capitalist & The Entrepreneur PDF Author: Peter G. Klein
Publisher: Ludwig von Mises Institute
ISBN: 1610165225
Category : Austrian school of economics
Languages : en
Pages : 261

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Book Description


The Making of a Market

The Making of a Market PDF Author: Juliette Levy
Publisher: Penn State Press
ISBN: 0271052147
Category : History
Languages : en
Pages : 176

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Book Description
During the nineteenth century, Yucat&án moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucat&án and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region&’s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucat&án&’s capitalist transformation. By focusing attention on the notaries&’ role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.

Man, Economy, and State with Power and Market

Man, Economy, and State with Power and Market PDF Author: Murray N. Rothbard
Publisher: Bubok
ISBN: 846862893X
Category : Business & Economics
Languages : en
Pages : 1506

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Book Description
The era of modern economics emerged with the publication of Carl Menger?s seminal work, Principles of Economics, in 1871. In this slim book, Menger set forth the correct approach to theoretical research in economics and elaborated some of its immediate implications. In particular, Menger sought to identify the causal laws determining the prices that he observed being paid daily in actual markets.4 His stated goal was to formulate a realistic price theory that would provide an integrated explanation of the formation of market phenomena valid for all times and places.5 Menger?s investigations led him to the discovery that all market prices, wage rates, rents, and interest rates could ultimately be traced back to the choices and actions of consumers striving to satisfy their most important wants by ?economizing? scarce means or ?economic goods.? Thus, for Menger, all prices, rents, wage, and interest rates were the outcome of the value judgments of individual consumers who chose between concrete units of different goods according to their subjective values or ?marginal utilities? to use the term coined by his student Friedrich Wieser. With this insight was born modern economics.

The Free-Market Innovation Machine

The Free-Market Innovation Machine PDF Author: William J. Baumol
Publisher: Princeton University Press
ISBN: 069111630X
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations. While giving price competition due credit, Baumol stresses that large firms use innovation as a prime competitive weapon. However, as he explains it, firms do not wish to risk too much innovation, because it is costly, and can be made obsolete by rival innovation. So firms have split the difference through the sale of technology licenses and participation in technology-sharing compacts that pay huge dividends to the economy as a whole--and thereby made innovation a routine feature of economic life. This process, in Baumol's view, accounts for the unparalleled growth of modern capitalist economies. Drawing on extensive research and years of consulting work for many large global firms, Baumol shows in this original work that the capitalist growth process, at least in societies where the rule of law prevails, comes far closer to the requirements of economic efficiency than is typically understood. Resounding with rare intellectual force, this book marks a milestone in the comprehension of the accomplishments of our free-market economic system--a new understanding that, suggests the author, promises to benefit many countries that lack the advantages of this immense innovation machine.