dimpy.handa
Dimpy Handa
Economists like to categorize economic functions, with those categories varying somewhat between different schools and during different time periods. There are in reality only two and we all fulfill both rolls: Consumers and Entrepreneurs.
The Austrians were the first to recognize this, but they too relied on further subcategorization: Promoters, Capitalists, and Laborers. It is the role of the laborer entrepreneur that is most neglected, and it is important that it be addressed.
As Man attempts to remove his greatest sense of uneasiness, he must take into consideration two conditions: His present situation and his future situation. At any given moment, he must choose between fulfillment of his most urgent needs in the present, or deferment of those needs in preparation for an uncertain future. Each individual is equipped with a genetic endowment and environmental history which the individual relies upon to address both concerns.
The Austrians were the first to recognize this, but they too relied on further subcategorization: Promoters, Capitalists, and Laborers. It is the role of the laborer entrepreneur that is most neglected, and it is important that it be addressed.
As Man attempts to remove his greatest sense of uneasiness, he must take into consideration two conditions: His present situation and his future situation. At any given moment, he must choose between fulfillment of his most urgent needs in the present, or deferment of those needs in preparation for an uncertain future. Each individual is equipped with a genetic endowment and environmental history which the individual relies upon to address both concerns.