11: First Principles Economics with Per Bylund

Per Bylund is Assistant Professor of Entrepreneurship and Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University. He is also a fellow at the Mises Institute and associate fellow of the Ratio Institute in Stockholm. His research focuses on issues in entrepreneurship, strategic management, and organizational economics. We talked about the school of Austrian Economics, the centrality of the price mechanism, the theory of the business cycle, the so-called Socialist Calculation Debate, and the ripple effects of lockdowns on the economy.