#23366
Mentioned in 1 episodes

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.

Mentioned by

Mentioned in 1 episodes

Mentioned by
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Javier Milei
as one of his favorite authors.
On the Front Lines of Freedom | President of Argentina, Javier Milei

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