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How Markets Work. Disequilibrium, Entrepreneurship, and Discovery

Hodnotenie knihy

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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.

Nákup knihy

How Markets Work. Disequilibrium, Entrepreneurship, and Discovery, Israel Kirzner

Jazyk
Rok vydania
1997
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Platobné metódy

4,3
Veľmi dobrá
44 Hodnotenie

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Titul
How Markets Work. Disequilibrium, Entrepreneurship, and Discovery
Jazyk
anglicky
Rok vydania
1997
Väzba
mäkká
Počet strán
80
ISBN10
0255364040
ISBN13
9780255364041
Série
Hodnotenie
4,3 z 5
Anotácia
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.