Perception, Opportunity, and Profit: Studies in the Theory of Entrepreneurship

Business & Money

Kirzner, Israel M.

Economics

University of Chicago Press

Published in 1983 by the University of Chicago Press

Univ of Chicago Pr

Stressing verbal logic rather than mathematics, Israel M. Kirzner provides at once a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition. Competition and Entrepreneurship offers a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics. Kirzner's book establishes a theory of the market and the price system which differs from orthodox price theory. He sees orthodox price theory as explaining the configuration of prices and quantities that satisfied the conditions for equilibrium. Mr. Kirzner argues that "it is more useful to look to price theory to help understand 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." Although Competition and Entrepreneurship is primarily concerned with the operation of the market economy, Kirzner's insights can be applied to crucial aspects of centrally planned economic systems as well. In the analysis of these processes, Kirzner clearly shows that the rediscovery of the entrepreneur must emerge as a step of major importance.

Competition and Entrepreneurship

Management & Leadership

Will be shipped from US. Used books may not include companion materials, may have some shelf wear, may contain highlighting/notes, may not include CDs or access codes. 100% money back guarantee.

Discovery and the Capitalist Process

In the last hundred years or so, the neo-classical school has come to dominate microeconomic thinking. Economists concerned with competition have taken refuge in increasingly complex models which emphasize the end-state of competitive equilibrium. This paper presents, in non-technical terms, an 'Austrian' view of how a market economy works. The writer of this book follows in the Austrian tradition as he tries to crystallize the theory of entrepreneurial discovery and of its implications for economic understanding and policy.

How Markets Work: Disequilibrium, Entrepreneurship & Discovery (HOBART PAPERS)

Coronet Books Inc.

The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge Foundations of the Market Economy)

Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.

Routledge

The Driving Force of the Market: Essays in Austrian Economics (Routledge Foundations of the Market Economy)

This book offers a unique insight into the character of Austrian economics. This work also collects the recent work of the leading authorities in this area, and will be an indispensible tool for all those interested in the implications of Austrian approach on economics. The author also examines *the market economy *theories of Competition and Entrepreneurship *the Mises-Hayek legacy.

This book offers a unique insight into the character of Austrian economies and collects the recent work of the world's leading authorities in this area. The book will be welcomed by those interested in the legacy of Austrian economics.

This book presents a new understanding of the idea of distributive justice in a capitalist economy. The author demonstrates that emphasis on the entrepreneurial role in market processes, in which products and resources are not given, but created and discovered as individuals, implies radically revised criteria of justice. He argues for the popular accepted notion of a "Finders-Keepers" role for distributive ethics. Mainstream economic and ethnical discussion of capitalism has generally taken the central issue as one of distributing a given "pie" among members of society, with incomes either earned through productivie effort or won as a result of sheer luck. Professor Kirzner's insight is to offer a new category of economic gain where incomes are the result of entrepreneurial alertness and discovery - the finder of any resource or product is seen to have created what he finds, not by hard work or chance, but by bringing it from invisibility to visibility. This leads to a fresh view of the problems of justice under capitalism, and a treatment which differs from both critics of capitalist justice, such as Rawls, and defenders like Nozick.

Discovery, Capitalism, and Distributive Justice

Blackwell Pub.

See the best price to sell, buy, or rent books by Kirzner, Israel M.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Kirzner, Israel M.

See the best price to sell, buy, or rent books by Kirzner, Israel M.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Perception, Opportunity, and Profit: Studies in the Theory of Entrepreneurship

Perception, Opportunity, and Profit: Studies in the Theory of Entrepreneurship

Competition and Entrepreneurship

Discovery and the Capitalist Process

How Markets Work: Disequilibrium, Entrepreneurship & Discovery (HOBART PAPERS)

The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge Foundations of the Market Economy)

The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge Foundations of the Market Economy)

The Driving Force of the Market: Essays in Austrian Economics (Routledge Foundations of the Market Economy)

The Driving Force of the Market: Essays in Austrian Economics (Routledge Foundations of the Market Economy)

Discovery, Capitalism, and Distributive Justice