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Economic Point of View: An Essay in the History of Economic Thought
Publication
Author: Israel M. Kirzner
Online Publish Date:
Category: World History
Israel Kirzner is an outstanding student of Mises’s, and here is his sweeping defense of the Misesian definition of the scope and meaning of economic science. He compares the Misesian view of human action with the neoclassical and classical school, and contrasts their views on rationality, human choice, scarcity, and scientific method. The book
Market Theory and the Price System
Publication
Author: Israel M. Kirzner
Online Publish Date:
Israel Kirzner’s outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbook on Austrian price theory ever written. The prose is crystal clear and the organization exceptional. He takes the reader through the foundations of individual action, exchange, utility,
Method, Process, and Austrian Economics: Essays in Honor of Ludwig von Mises
Publication
Author: Israel M. Kirzner
Online Publish Date:
From Kirzner’s foreword: September 29, 1981 marked the one-hundredth anniversary of the birth of my teacher, Ludwig von Mises. Mises was a towering scholar in a number of fields, but it was as a world-renowned economist in the “Austrian” tradition that he did his most important work. My colleagues and I in the program in Austrian Economics at New
Competition and Entrepreneurship
Publication
Author: Israel M. Kirzner
Online Publish Date:
Written the year of Mises’s death, this is the book that brought new prominence to the Austrian theory of the entrepreneur. Kirzner views him as the discoverer of opportunities in the competitive process, and contrasts this view with the general equilibrium view-which defines away the entrepreneur-and the Schumpeterian view that discovery is
The Austrian Approach to Competition
Media Asset
Author: Israel M. Kirzner
Online Publish Date:
Category: Austrian Economics Overview, Monopoly and Competition
The term Austrian will include people like Shumpeter and Morgenstern. Competition is seen as a state of affairs of perfect knowledge and equilibrium by mainstream economists. This fails to provide explanations as to how those market prices have been achieved. Austrians do not rely on the theory of perfect competition. Each individual reacts to the
Capital, Interest, and Rent: Essays in the Theory of Distribution
Austrian Economics Newsletter
Author: Israel M. Kirzner
Online Publish Date:
Category: Capital and Interest Theory
Capital, Interest, and Rent: Essays in the Theory of Distribution by Frank A. Fetter Introduction by Murray N. Rothbard Sheed Andrews and McMeel, Kansas City, 1977, 400 pp. Reviewed by Israel M. Kirzner Reprinted from Austrian Economics Newsletter 2, no. 3 (1980) This book is a most valuable col­lection of “all the essays in which Fetter developed