#17643
Mentioned in 2 episodes
Competition and Entrepreneurship
Book • 1978
Israel Kirzner's "Competition and Entrepreneurship" is a seminal work in Austrian economics, focusing on the role of entrepreneurship in market processes.
Kirzner challenges the neoclassical view of perfect competition, arguing that markets are dynamic and constantly evolving due to entrepreneurial alertness and discovery.
He emphasizes the importance of uncertainty and the role of entrepreneurs in identifying and exploiting profit opportunities.
The book's insights into the dynamic nature of competition and the role of entrepreneurship have had a lasting impact on economic theory and policy.
It remains a key text for understanding the Austrian perspective on market processes.
Kirzner challenges the neoclassical view of perfect competition, arguing that markets are dynamic and constantly evolving due to entrepreneurial alertness and discovery.
He emphasizes the importance of uncertainty and the role of entrepreneurs in identifying and exploiting profit opportunities.
The book's insights into the dynamic nature of competition and the role of entrepreneurship have had a lasting impact on economic theory and policy.
It remains a key text for understanding the Austrian perspective on market processes.
Mentioned by
Mentioned in 2 episodes
Mentioned by 
Peter Boettke in the context of the counter-revolution to the 1950s neoclassical synthesis.
Peter Boettke in the context of the counter-revolution to the 1950s neoclassical synthesis.
31 snips
Who Won the Socialist Calculation Debate (with Peter Boettke)
Mentioned by Guy Swann in relation to the conceptual links between competition and entrepreneurship.
13 snips
Reboot - Read_750 - Capital in the 21st Century
Mentioned by Peter Boettke when discussing his academic influences and the Austrian school of economics.
Peter Boettke when discussing his academic influences and the Austrian school of economics.
S3E15: Peter Boettke, Austrian Economics, George Mason University
