About WalkerInsight
We work for people who run businesses. We fuse economics, finance, and production in custom-built planning models to help owners/managers/CFOs weigh risk and reward, prove their concepts, secure financing, set goals, and track their progress.
More than one of our clients has emphasized that the real pay-off is insight and clarity.
The constancy of change makes the ability to think multiple moves ahead a necessity. Whether you are confronting fast growth, acquisitions, prepping your business for sale, or securing financiers who have gone wobbly—our work helps you resolve it more easily, with less risk, and more reward.
What about Praexis?
What’s in a name? If you came looking for Praexis Business Labs, you are not lost. We decided that something a bit more descriptive and less arcane was overdue.
We are as fond as ever of the Austrian school. Most of us financial professionals received our doses of Keynes via Samuelson, and if we were extra curious, became aware of Milton Friedman. But mainstream economics deals mostly in aggregated data and treats the individual firms as a bit of a black box—not susceptible to study.
Fortunately, in search of a framework that matched our experience, which even back then was already a cumulative 30 years, we stumbled onto the writings of Hayek, Mises, Kirzner, and others. At last we had dedicated economists (as opposed to we who fight in trenches) talking about our reality: devasting economic cycles, radical uncertainty, and in the middle of it all, the entrepreneurs who organize innovation and production, who create islands of stability in the midst of storms.