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Creating Economic and Entrepreneurial Advantage: The Value of the OODA Loop with Hunter Hastings | Ep 3

No Way Out

00:00

What Is the Core Concept of Austrian Economics?

Mark O'Mara: So roll the clock forward and economics for business, your project that you've built at Mises Institute. What was it really that caught your attention and how we could see something to fuse and collaborate? He says John Boyd's oodle loop is a form of entrepreneurship or entrepreneurs are observing the market and people's unease and what they want. The entrepreneur listens to that expression of unease, figures out a way that they could recombine their resources in order to create new economic value.

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