An Integration of The Wealth of Nations with The Theory of Moral Sentiments
This paper contends that Adam Smith meant what he said; human nature is ennobled by the cultivation of its lands, the advancement of its manufactur
This paper contends that Adam Smith meant what he said; human nature is ennobled by the cultivation of its lands, the advancement of its manufactur
Why do business firms exist? Do firms substitute for the market or complement the market? Why do firms buy some inputs but make others?These are basic economic questions.
Professor Holcombe argues that Kirznerian entrepreneurial alertness enables market actors to spot previously unnoticed profit opportunities. Entrepreneurs then act upon these opportunities.
This article describes how theories of entrepreneurship can be completely incorporated into a model of the competitive process to show that entrepreneurship is the engine of economic progress
Mazzucato’s economic reasoning falters on one of the most basic axioms of economics, namely the broken-window fallacy.
Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2014.
Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2014.
In this interview, Peter Klein and Nicolai Foss discuss new ways to study entrepreneurship.