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To: Don Lloyd who wrote (106971)6/6/2001 4:03:22 PM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
OK, smarty, I corrected my spelling.-g-

You know as well as I do that entrepreneurs borrow money, from their parents, their spouses, friends, rich relatives, patrons, whoever. Banks, once they have a going concern.

You're right that baby entrepreneurs mow lawns, have newspaper routes, lemonaide stands, etc. Entrepreneurs like money.

_____________________________

So von Mises and Hayek never invested in the stock market?



To: Don Lloyd who wrote (106971)6/6/2001 6:11:16 PM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
So that's it? Under the Austrian economic theory, entrepreneurs don't borrow money from banks, they don't use venture capital, and they don't do IPOs, and ordinary investors don't buy shares of stock?


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