Blaming That Cold Weather Culprit
The Fed and it’s friends blamed cold weather for much of the year’s lackluster economic growth.
The Fed and it’s friends blamed cold weather for much of the year’s lackluster economic growth.
This paper summarizes and compares the theories of entrepreneurship of Joseph A. Schumpter and Israel M. Kirzner as presented in their major scholarly contributions to economic analysis.
Richard Cantillon is credited with the discovery of economic theory and was the first to fully consider the critical role of entrepreneurship in the economy.
Charles Baird discusses the impact of Government regulation on entrepreneurial discovery.
It is worth remembering that much of the tourist economy in the West is a subsidized invention of the federal government, writes Ryan McMaken.
Professor Holcombe argues that Kirznerian entrepreneurial alertness enables market actors to spot previously unnoticed profit opportunities. Entrepreneurs then act upon these opportunities.
Making Poor Nations Rich is a serious attempt to further develop the theory of entrepreneurship. Fourteen chapters of the book cover the most important issues of our time: wealth and poverty of nations,
Austrian business cycle theory has been criticized on the basis of “rational expectations.” That is, reasonably high quality entrepreneurs—which are required for economic growth
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