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

Israel M Kirzner (Author)

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Book Description

0415228239 978-0415228237 July 7, 2000 1
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.

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Editorial Reviews

Review

At a time when a lot of what economists produce is not useful to the understanding of reality, Kirzner's work is a great lesson in the way economics can contribute to the understanding of actual market phenomena.... Kirzner has immensely contributed to the resurgence of Austian ideas in the last decades, and this book is another instance of his invaluable contribution..
–Frederic Sautet, Ideas on Liberty

A masterly essay...However much one may disagree with Profesor Kirzner on various points, one cannot but admire the painstaking skill in conceptual analysis he displays in this outstanding book. -The Mises Review, David Gordon, Vol. 7, No. 1, Spring 2001.

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Inside This Book (learn more)
First Sentence:
The Austrian tradition is represented in modern economics by a "very vocal, feisty and dedicated subset of the economics profession" (Vaughn, 1994, p. xi). Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
subjectivist freedom, economic goodness, socialist economic calculation, mutually gainful exchange, equilibrative process, coordination criterion, entrepreneurial market process, pure profit opportunities, pure entrepreneurial profit, entrepreneurial discovery process, subjectivist insights, rotating economy, market regularities, entrepreneurial error, mainstream microeconomics, real world capitalism, false prices, perfectly competitive model, rivalrous competition, entrepreneurial alertness, entrepreneurial entry, economic regularities, competitive market process, carriage industry, unhampered market
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, University of Chicago Press, Ludwig von Mises, American Economic Review, Edward Elgar, Basil Blackwell, Cambridge University Press, Carl Menger, Adam Smith, Journal of Political Economy, Kansas City, Ludwig Lachmann, The Use of Knowledge, Van Nostrand, George Stigler, Oxford University Press, The Meaning of Market Process, Murray Rothbard, Quarterly Journal of Economics, Chicago School, Harvard University Press, Lexington Books, Basic Books, Constitutional Political Economy, Critical Appraisal of Major Economists
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