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Competition & Entrepreneurship

From kwharrison13.com · Anti-library
Competition & Entrepreneurship
AuthorIsrael M. Kirzner
Published1973
Pages251
RecommendedOnce
BuyAmazon
Why it’s on the listIsrael Kirzner rebuilds price theory around the figure equilibrium economics has no room for — the entrepreneur, whose alertness to overlooked gaps drives the market process — so that competition becomes a discovery procedure for finding and correcting errors rather than a market structure measured by counting firms. It is where Austrian epistemology becomes a theory of business.

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About this edition

Kirzner’s entrepreneur is an arbitrageur of overlooked knowledge, the contrast usually drawn with Schumpeter’s disruptive innovator.

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Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.