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The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge Foundations of the Market Economy) - Softcover
Synopsis
Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.
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About the Author
Israel M. Kirzner
From the Back Cover
The Meaning of Market Process collects the recent work of one of the world's foremost 'Austrian' economists. Arguing that 'equilibrium economics' is inadequate to explain the real functioning of markets, it expounds the theory of market process - a theory which emphasizes the role of the entrepreneur and of ignorance, uncertainty and the passage of time.
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The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge Foundations of the Market Economy)
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Routledge, U.S.A., 2006
ISBN 10: 0415137381
ISBN 13: 9780415137386
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The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge Foundations of the Market Economy)
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