The market as a constant flux - Deepstash

The market as a constant flux

The status quo is merely the most recent expression of the process—it's yesterday's winners before they are replaced by tomorrow's. The market process is in constant flux and is characterized by renewal and progress. The market process goes well beyond simple production management. We should want businesses to have good management that streamline production, cut costs, and tweak and improve the goods they produce. But management is what takes place in production after the entrepreneur has been proven right.

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claudiu_florea

A sparkling curious mind

This is one of those books that everyone ought to read in order to better understand how the world works and the how society and economy are the same thing.

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