Jak fungují trhy
- 90 pages
- 4 hours of reading
Studie představuje alternativní rakouský pohled na fungování tržní ekonomiky z pozic teorie podnikatelského objevování.
Israel M. Kirzner Book order
February 13, 1930
A leading economist of the Austrian School. His work focuses on economic entrepreneurship and the role it plays in a market economy. He examines how entrepreneurs discover and exploit opportunities, thereby driving economic growth and innovation. His influential theories have shaped modern economic thought.
- 1998
- 1997
How Markets Work. Disequilibrium, Entrepreneurship, and Discovery
- 80 pages
- 3 hours of reading
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.
