Understanding The Unrealized requires us as entrepreneurial businesspeople to think better, and to resist settling for what is merely feasible in a regulated, risk-mitigated world. We must ask what could be possible in a different world, and act on that basis. Sound economics supports such action. Per Bylund takes us through his thinking about The Unrealized.
Show notes: https://mises.org/library/bylund-unrealized
Per Bylund’s book, The Seen, The Unseen, And The Unrealized: https://Mises.org/E4B_134_Book
Mises U 2021 presentation, "The Seen, The Unseen And The Unrealized": https://Mises.org/E4B_134_Lecture
"The Broken Window Fallacy" by Robert P. Murphy: https://Mises.org/E4B_134_Article1
"Compounding Shortfalls in Innovation" by Hunter Hastings: https://Mises.org/E4B_134_Article2
"Mark Spitznagel: At What Price Safety?" — another take on The Unrealized from an investing perspective: https://Mises.org/E4B_134_Article3