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Socialism, Economic Calculation and Entrepreneurship
Book • 2010
This book presents a new theory on the characteristics of entrepreneurial knowledge, applying Israel M. Kirzner’s theory of entrepreneurship to critique socialism.
It explores how socialism fails due to its inability to perform rational economic calculation, leading to economic deprivation and political tyranny.
The work emphasizes the importance of entrepreneurship in capitalist systems for efficient resource allocation.
It explores how socialism fails due to its inability to perform rational economic calculation, leading to economic deprivation and political tyranny.
The work emphasizes the importance of entrepreneurship in capitalist systems for efficient resource allocation.
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Mentioned in 1 episodes
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Javier Milei
On the Front Lines of Freedom | President of Argentina, Javier Milei
