Presenting Professor Per Bylund on AI and the Structure of Production, Tuesday, March 19, 2019 at 6:30pm.

First Published: 2019-03-02

The Nassau Institute In Collaboration with the Banking Economics & Finance Department & The Economics Society of The University of The Bahamas presents Professor Per Bylund on AI and the Structure of Production at the Harry C. Moore Library Lecture Hall, University of The Bahamas, Tuesday, March 19, 2019 at 6:30pm.


Dr. Bylund will argue that the ‘new’ economy does not require a new economics. Specifically, he will explain how robotization, automation, and even artificial intelligence are not a threat to jobs or our wellbeing. He will show that new production technologies, including AI, instead promise to raise our standard of living and will mitigate harmful inequality.


Per Bylund is Assistant Professor of Entrepreneurship and Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University. His research focuses on issues in entrepreneurship, strategic management, and organizational economics – especially where they overlap and intersect with each other and/or regulation/policy.

He is also a Fellow with the Mises Institute, an associate fellow of the Ratio Institute in Stockholm, Sweden, as well as senior fellow with the Ludwig von Mises-institutet i Sverige.

Dr. Bylund’s research aims to explain the market process of prosperity-creation and economic development with a focus on organizations, institutions, entrepreneurship and management. He has several papers and a book on the theory of the firm, especially targeting and attempting to illuminate the economic function of the firm – both to the entrepreneur and as a means to explain the evolution of market structure. His research has been published in several scholarly journals, including the Journal of Business Venturing, Journal of Management Studies, Strategic Entrepreneurship Journal, Managerial and Decision Economics, the Journal of the History of Economic Thought, and the Quarterly Journal of Austrian Economics.

He has authored two books, both published in 2016: The Problem of Production: A New Theory of the Firm (Routledge) on the economic theory of organization and the firm; and The Seen, the Unseen, and the Unrealized: How Regulations Affect Our Everyday Lives (Lexington) that provides the reader with an introduction to economic reasoning to understand the market and regulation.

He has also co-edited two volumes: The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno (Mises Institute, 2015) with David Howden; and Sådan är kapitalismen! (Frihetsfronten förlag, 2002) with Henrik Alexandersson.

He also edits a book series on Austrian economics published by Agenda Publishing.

He serves as an associate editor for the Journal of Entrepreneurship and Public Policy and on the editorial review boards of the Academy of Management Review, the Journal of Business Venturing, the Journal of Management Studies, the Strategic Entrepreneurship Journal, and the Molinari Review, and is a consulting editor for Cosmos+Taxis.

He regularly writes columns for The Entrepreneur magazine; they are available to read at For a list of all his published columns, please visit

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