It is the main and proper study of every citizen."" ... To qualify as economic activity in Mises' view, production must be guided by rational principles. ... Instead, the cause of socialism's irrationality is that those highly motivated and competent civil servants have no rational mechanism to guide their productive efforts and thus any decisions they make are necessarily arbitrary. ...
Studies have shown that successful management boards of directors and other leadership teams typically establish and mitigate threats prior to considering and introducing fresh products. ... In practice, this implies that the management team must develop and adhere to the policies and procedures that guide the process of introducing a new commodity (Henry 2008). ...
They seek to do away with the notion of development that a country and people wanting to increase social well-being must do so through participation in the market economy, taking a closer look at the case study of the Jagna Municipality in the Philippines. ... James Ferguson and Larry Lohmann, in line with post-development theory, believe that development as a construct of the developed Western world has largely failed, pointing to the specific case study of development projects in Lesotho. ...
