Bøker av Timothy John Walshaw

The source of all wealth is enterprise. Enterprise is the action of the Entrepreneur to start a firm to produce and sell goods and services, and it is intended that the firm would operate under increasing returns to scale. The book is based fundamentally on the concept of increasing returns to scale. Increasing returns to scale is the source of profits. The economic theory of increasing returns to scale is discussed in detail, and this concept explains why enterprise and entrepreneurs operate through increasing returns to scale create wealth.