Quotation of the Day…

29 Oct 2026 Leave a comment

by Jim Rose in applied price theory, Austrian economics, entrepreneurship, industrial organisation, Israel Kirzner

Tweet… is from page 30 of Israel Kirzner’s 1985 volume, Discovery and the Capitalist Process [original emphasis]: What is important about the market economy is that unexploited opportunities for reallocating resources from one (low market valued) use to another of higher value offer the opportunity for pure entrepreneurial gain. A misallocation of resources occurs because,…

Quotation of the Day…

Dr. Israel M. Kirzner — “Economics and Entrepreneurship”

21 Aug 2026 Leave a comment

by Jim Rose in applied price theory, Austrian economics, economic history, entrepreneurship, F.A. Hayek, history of economic thought, Israel Kirzner, market efficiency

Mr. Haltiwanger and the Austrians

11 Jan 2025 1 Comment

by Jim Rose in applied price theory, Austrian economics, economic history, entrepreneurship, history of economic thought, Israel Kirzner

In November, I chided Austrian economists for neglecting the John Haltiwanger’s empirical work on creative destruction:Around 2000, I discovered that John Haltiwanger, a very mainstream economist, had a pile of empirical evidence vindicating the importance of Schumpeterian creative destruction. That pile is now a mountain. At the time, I tried to get Austrians to start…

Mr. Haltiwanger and the Austrians

Jo Jo Zep & The Falcons – Shape I’m In

27 Dec 2021 Leave a comment

by Jim Rose in Israel Kirzner, Music

Why Mises Is Important – Israel Kirzner

03 Oct 2021 Leave a comment

by Jim Rose in Austrian economics, Israel Kirzner, Ludwig von Mises

Israel Kirzner’s Keynote Address on F. A. Hayek and the Nobel Prize

16 Sep 2021 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economics of information, entrepreneurship, F.A. Hayek, history of economic thought, industrial organisation, Israel Kirzner, survivor principle

Entrepreneurship and the Market Process | Israel Kirzner

14 Sep 2021 Leave a comment

by Jim Rose in applied price theory, Austrian economics, economics of information, entrepreneurship, history of economic thought, Israel Kirzner

Israel M. Kirzner’s Contributions to Market Process Theory and Entrepreneurship Studies

10 Sep 2021 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economic history, economics of education, entrepreneurship, F.A. Hayek, industrial organisation, Israel Kirzner

Competition and Entrepreneurship | Israel Kirzner

09 Sep 2021 Leave a comment

by Jim Rose in applied price theory, Austrian economics, comparative institutional analysis, economic history, economics of information, entrepreneurship, history of economic thought, industrial organisation, Israel Kirzner, market efficiency, survivor principle Tags:

Beyond Efficiency

04 Sep 2021 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, Austrian economics, economics of information, entrepreneurship, Israel Kirzner

Competition and Entrepreneurship Kirzner

02 Sep 2021 Leave a comment

by Jim Rose in applied price theory, Austrian economics, economics of information, entrepreneurship, history of economic thought, industrial organisation, Israel Kirzner

Patrick Newman on Rothbard and his Critics

13 Oct 2019 Leave a comment

by Jim Rose in applied price theory, Austrian economics, business cycles, constitutional political economy, defence economics, economic history, economics of crime, economics of information, entrepreneurship, F.A. Hayek, Gordon Tullock, great depression, history of economic thought, industrial organisation, Israel Kirzner, law and economics, macroeconomics, Milton Friedman, monetary economics, Murray Rothbard, Public Choice, Rawls and Nozick Tags:

Ethics and Entrepreneurship | Israeli Kirzner

31 Aug 2018 Leave a comment

by Jim Rose in applied price theory, Austrian economics, Israel Kirzner, Rawls and Nozick

The History of Austrian Economics, Part 1 | Dr. Israel Kirzner

13 Aug 2018 Leave a comment

by Jim Rose in Austrian economics, history of economic thought, Israel Kirzner

Labour Theory of Value and the Subjectivist Theory of Value (I. Kirzner)

12 Aug 2018 Leave a comment

by Jim Rose in applied price theory, Austrian economics, entrepreneurship, history of economic thought, Israel Kirzner, Marxist economics Tags:

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