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Photo by Zino Scheers on Unsplash, Design by Barry Linetsky

The Process of Creative Destruction in Walt Disney’s Success

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With the recent interest in applying Austrian economic theory towards a better understanding of managerial effectiveness, there is value in reflecting on Walt Disney’s career through an Austrian lens.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 3)Barry L. Linetsky, 2019

The Economic Way Of Thinking

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Mises held that the virtue of economics was its particular capability in providing insight into the link between human values, human action and desired outcomes. He advocated for a distinct economic way of thinking as a valid and necessary extension of logic, and therefore easily available to everybody.

Creative Innovation, Creative Destruction, and Walt Disney

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Walt Disney was a master innovator across multiple disciplines.…