Entrepreneurship

Peter Klein focuses here on the financial-market entrepreneur — what Rothbard (1962, 1985) calls the capitalist-entrepreneur — to outline some features of an Austrian theory of corporate governance

Mainstream growth theory focuses on the role of inputs and technology, but inputs and technology cannot produce growth without an environment that fosters entrepreneurship. I believe that the application of mainstream growth theory has often been harmful to economic growth because the mainstream theory ignores the market process.

The purpose of this paper is to extend Kirzner’s theory by explicitly introducing the role of space in entrepreneurial alertness and the coordination of markets.

Mazzucato’s economic reasoning falters on one of the most basic axioms of economics, namely the broken-window fallacy.

Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2014.

Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2014.

Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2014.

Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2014.

In this interview, Peter Klein and Nicolai Foss discuss new ways to study entrepreneurship.

Walter Block’s new book Toward a Libertarian Society covers a wide variety of topics from the death penalty to secession, and from war to macroeconomics.