Quarterly Journal of Austrian Economics
Author:
Joseph T. Salerno
Online Publish Date:
Volume 11, No. 3 and 4 (2008) Mises, Friedrich Hayek, and Murray Rothbard were the main architects of the distinctly Austrian theory of production as it exists today. All three conceived the entrepreneurial function in the actual market economy as presupposing the ownership of property, specifically capital. Yet, many, if not most, contemporary