CEO of Monetary Metals Keith Weiner interviews Professor of Entrepreneurship at Oklahoma State University Per Bylund on regulation, entrepreneurship and more. Dr. Bylund has published research in top journals on both entrepreneurship and management. He has also published in the Quarterly Journal of Austrian Economics and the Review of Austrian Economics. He has founded four business startups and writes a monthly column for Entrepreneur magazine. Per and Keith discuss: -The definition of entrepreneurship, innovation and invention -Investing, Venture Capital and Startups -Path Dependency and First Movers -Henry Ford and the Model T vs the Horse and Carriage -Disruptive Schumpeterian Innovation and Uber -How companies pay workers and the living wage -How socialists misunderstand production and value creation