Economics of Entrepreneurship
This past weekend, I attended an Economics of Entrepreneurship conference at Chapman University presented by the Foundation for Economic Education. Throughout the few days we were there, we attended many lectures and participated in different activities that helped us students understand the principles and virtues of economics and how these principles were applied entrepreneurship. We learned about the true value of having passion and desire and how this could lead us to being successful no matter what we wanted to do. The best thing I learned ended up being something that required a bit of self inflection. We were talking about subjective value, something that states that value isn’t universal and that all people value things differently. While one person may think something is useless, someone else may value it to a much larger extent We all have reserved preferences and sacrifices we have towards things we want. In an entrepreneurial sense, we had to realize that to start a goo
