Peter G. Klein
Professor at @Baylor_Business and @NHHnor, research fellow at @Mises, writing on organizations, entrepreneurship, strategy, and economics.
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Interesting piece on Haier's decentralized RenDanHeYi model and potential advantages in fostering an entrepreneurial and innovative culture within organizations. There is a lot to...
Continuing this fascinating discussion: I agree that the key issue is generation or creation rather than processing data already given. But in Mises's account, the thing that only...
Tacit knowledge is trending so I thought I'd share some classroom activities I use to teach the concept. I start with an in-class exercise with questions like these. https://t.co/L...
The recent Acemoglu thread on Hayek suggests a new meme: even his mistakes spawn a new genre of literature! Seriously, lots of good commentary on how he misunderstands Hayek's argu...