ALERTNESS, JUDGMENT, AND THE ANTECEDENTS OF ENTREPRENEURSHIP

    2010.

    Cited by: 4|Bibtex|Views0|Links
    Keywords:
    judgmentaustrian economicscausal-realismdiscoveryentrepreneurshipMore(1+)

    Abstract:

    This paper offers a critical perspective on Israel Kirzner's basic analytical framework. Specifically, we characterize Kirzner's emphasis on processes of equilibration as a departure from the causal-realist price theory developed by Menger and his nineteenth- and twentieth-century followers. In this context, we contrast Kirzner's interpre...More

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