The psychological impact of a lifetime within a fiat money economy cannot be underestimated. With more wealth seemingly available at the click of a computer button, refusal to spend more on government programs must stem only from cruelty and greed.
The diversion of real funding from the private sector toward government projects — no matter how important these projects appear to be — in fact, disrupts the process of real wealth generation.
Stephen Denning, author of The Age Of Agile, explains how entrepreneurs can exercise the "Agile" mindset, and offers insight into how Austrian principles inform the latest generation of business strategies for the digital age.
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