Free Thought

Per Bylund on Entrepreneurship, Austrian Economics, and Intellectual Property


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00:00:00.000 Professor Per Bylund https://perbylund.com/ 

00:00:36.107 How did you become interested in entrepreneurship? 

00:03:08.377 Theory vs practice of entrepreneurship 

00:03:26.372 Mises: Human Action https://mises.org/library/human-action-0 

00:04:28.346 Will understanding economics help us become better entrepreneurs? 

00:04:46.894 Errors entrepreneurs make 

00:04:59.100 Production process vs value process 

00:08:15.300 Serving yourself by serving others 

00:09:14.261 Creativity and imagination 

00:09:53.810 Ideas vs implementation 

00:09:57.590 Invention vs innovation 

00:11:47.666 Value first, cost second 

00:15:06.411 Entrepreneurship: Thinking about the economy in the right way 

00:15:49.231 What projects get you excited about entrepreneurship? 

00:16:11.760 Decentralization of technology 

00:17:09.611 Social media 

00:20:26.529 Future of content creation 

00:21:28.986 Cryptocurrency 

00:22:09.028 Ethereum https://ethereum.org/en/ 

00:22:13.817 Nano https://nano.org/ 

00:22:31.627 Micropayments 

00:23:09.352 What hasn’t crypto had wider adoption? 

00:23:33.028 Fiat currency 

00:25:00.919 Security vs ease if use in cryptocurrency 

00:26:07.982 Barriers to cryptocurrency 

00:26:49.228 Responsibility in crypto 

00:27:44.403 Over-engineering in crypto 

00:28:41.022 Crypto has not become money 

00:29:12.480 Intellectual property https://twitter.com/PerBylund/status/1386774810617958403 

00:30:24.896 IP distorts the market 

00:32:59.205 IP and big pharma 

00:33:17.117 Nexium vs Prilosec https://www.healthline.com/health/gerd/nexium-vs-prilosec 

00:36:03.192 Big pharma and vitamins 

00:37:19.990 IP as monopoly privilege 

00:37:35.537 IP is not benefiting the consumer 

00:38:05.682 IP fosters inventions instead of innovations 

00:39:55.611 IP and cancer drugs 

00:41:48.707 IP is based on the assumption that the idea matters 

00:42:25.540 Smartphones and IP 

00:44:37.947 Copyright and creative works 

00:47:03.336 Metallica and IP 

00:47:33.959 Ways to make money other than royalties 

00:49:33.249 Monopoly privileges coddle creatives 

00:51:23.296 Getting rid of IP allows for different business models to flourish 

00:53:35.363 Crypto and creative services 

00:55:02.043 Where to go to learn more about entrepreneurship? 

00:55:29.836 Mises.org https://mises.org/ 

00:55:52.440 Per Bylund on Twitter https://twitter.com/PerBylund 

00:56:48.467 Economics in one lesson https://youtu.be/eyIfEpNfU2U

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