Economic Behavior, Economic Freedom, and Entrepreneurship
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Economic Behavior, Economic Freedom, and Entrepreneurship

Edited by Richard J. Cebula, Joshua Hall, Franklin G. Mixon Jr and James E. Payne

Expert editors add to an important field of research, the economics of entrepreneurship, and explore how institutions influence entrepreneurial behavior. This book provides comprehensive and contemporary insights into the interaction between economic behavior of firms and households, economic freedom, and entrepreneurship, and how it generates an environment with greater opportunities for growth and development for individuals, households, and private-sector firms.
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Chapter 6: The entrepreneurial ethic, economic behavior, and motivation

Richard M. Robinson

Abstract

Four principles at the philosophical foundation of American authority also form the philosophical foundation for the most important social action in American culture, i.e. the actions associated with business formation, retrenchment and extension. After presenting these four principles, it is argued that managerial action in business is, or at least could be, a modern version of involvement in the ancient polis. The words and deeds that formed the paramount action in the polis in ancient Greece can now be interpreted as having a modern common-man’s corresponding action that results from the economic impetus to form organizations for the fabrication of goods and services. Management and skilled labor compose both the leaders and the fabricators who act through explicit and implicit contractual agreements to benefit both those organized and the general public.

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