What economics and entrepreneurship can teach us about the acquisition process
Here are excerpts from a great lecture by Israel Kirzner on Economics and Entrepreneurship which focuses on economists Ludwig Von Mises and Friedrich Hayek. While […]
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Podcast: The Productivity of Defense Independent R&D
George Mason University and Wharton Aerospace Community held an excellent event on the productivity of independent research and development (IR&D). Discussing the topic was an insightful […]
Proof that government is an unattractive customer
Even sticker-shock prices don’t always motivate companies. According to our estimates, more than 10,000 parts requests are delayed or unfilled each year despite our reluctant […]
How delegation of authority is proceeding in Air Force contracting
The big question in my mind is not whether we are going to increase the authorities at the lower levels — we have to do […]
The end of accounting, and why cost-based pricing loses relevance in the innovation economy
Interviewer: Are you familiar with the economic theory of the bootleggers and the baptists? It explains the notion of why prohibition was able to last […]