<p><strong><em>Competition and Entrepreneurship</em></strong> defines Israel M. Kirzner’s unique contribution to the economics profession. Pointing out the shortcomings of the traditional microeconomic model, Kirzner offers an alternative and complementary view, which illuminates and enriches the way economists think of the market process. Kirzner develops a theory of the market process that focuses on the role of the pure entrepreneurial element in human action.</p> <p><strong>Israel M. Kirzner</strong> is a leading economist in the Austrian School and Professor Emeritus of Economics at New York University.</p> <p><strong>Peter J. Boettke</strong> is University Professor of Economics and Philosophy at George Mason University and the BB&T Professor for the Study of Capitalism at the Mercatus Center.</p> <p><strong>Frédéric Sautet</strong> is a visiting associate professor of economics at the Catholic University of America. Previously, he has taught at George Mason University, New York University, and the University of Paris Dauphine.</p>
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Israel M Kirzner is a leading economist in the Austrian School and Emeritus Professor of economics at New York University.
Peter J. Boettke is University Professor of Economics and Philosophy at George Mason University and the BB&T Professor for the Study of Capitalism at the Mercatus Center. His publications include Living Economics, The Handbook of Contemporary Austrian Economics, and The Elgar Companion to Austrian Economics. He has been the editor of The Review of Austrian Economics since 1998.
Frédéric Sautet is Associate Professor at The Catholic University of America, Tim Busch School of Business and Economics. He is a specialist in Austrian market process theory and teaches entrepreneurship studies. He is the author of An Entrepreneurial Theory of the Firm and has published widely on entrepreneurship.
This book offers a new appraisal of quality competition, of selling effort, and of the fundamental weakness of contemporary welfare economics.
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Hardback. Zustand: New. Competition and Entrepreneurship defines Israel M. Kirzner's unique contribution to the economics profession. Pointing out the shortcomings of the traditional microeconomic model, Kirzner offers an alternative and complementary view, which illuminates and enriches the way economists think of the market process. Recognizing that economics cannot explain sheer novelty and ultimately social change by referring only to productive factors already in use, Kirzner develops a theory of the market process that focuses on the role of the pure entrepreneurial element in human action. This leads him to reconstruct the theory of price in order to understand, as he puts it, "how the decisions of individual participants in the market interact to generate the market forces which compel changes in prices, outputs, and methods of production and in the allocation of resources." In doing so, Kirzner offers a new appraisal of competition moving the entrepreneurial function back to center stage, thereby shedding new light on issues such as monopoly pricing, cartels, and pure profit. No other economist in recent times has been so closely identified with the Austrian School of economics as Kirzner. A leader of the generation of Austrian economists after Ludwig von Mises and F. A. Hayek, Kirzner has been recognized as one of the minds behind the revival of entrepreneurship and market process theory in the twentieth century. Bestandsnummer des Verkäufers LU-9780865978461
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Hardcover. Zustand: new. Hardcover. Competition and Entrepreneurship defines Israel M. Kirzner's unique contribution to the economics profession. Pointing out the shortcomings of the traditional microeconomic model, Kirzner offers an alternative and complementary view, which illuminates and enriches the way economists think of the market process. Recognizing that economics cannot explain sheer novelty and ultimately social change by referring only to productive factors already in use, Kirzner develops a theory of the market process that focuses on the role of the pure entrepreneurial element in human action. This leads him to reconstruct the theory of price in order to understand, as he puts it, "how the decisions of individual participants in the market interact to generate the market forces which compel changes in prices, outputs, and methods of production and in the allocation of resources." In doing so, Kirzner offers a new appraisal of competition moving the entrepreneurial function back to center stage, thereby shedding new light on issues such as monopoly pricing, cartels, and pure profit. No other economist in recent times has been so closely identified with the Austrian School of economics as Kirzner.A leader of the generation of Austrian economists after Ludwig von Mises and F. A. Hayek, Kirzner has been recognized as one of the minds behind the revival of entrepreneurship and market process theory in the twentieth century. Originally published by the University of Chicago Press in 1973. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9780865978461
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Zustand: New. Editor(s): Boettke, Peter J.; Sautet, Frederic. Num Pages: 215 pages. BIC Classification: KC. Category: (G) General (US: Trade). Dimension: 236 x 167 x 25. Weight in Grams: 516. . 2013. hardcover. . . . . Bestandsnummer des Verkäufers 9780865978461
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