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Israel M. Kirzner

Kirzner is among the foremost scholars in the continuing development of the Austrian School of economic theory. He taught for many years at New York University.

Articles

Capital, Interest, and Rent: Essays in the Theory of Distribution

03/27/2017 Austrian Economics Newsletter Israel M. Kirzner

Capital, Interest, and Rent: Essays in the Theory of Distribution by Frank A. FetterIntroduction by Murray N. RothbardSheed Andrews and McMeel, Kansas City, 1977, 400 pp. Reviewed by Israel M. Kirzner...

Equilibrium Versus the Market Process

07/20/2005 Articles of Interest Israel M. Kirzner

The Foundations of Modern Austrian Economics , Edwin G. Dolan, ed ., Kansas City: Sheed and Ward, 1976, pp . 115-125.

The Economic Calculation Debate: Lessons for Austrians

07/20/2005 Review of Austrian Economics Israel M. Kirzner

From The Review of Austrian Economics Vol. 2, 1988.

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Publications

Competition and Entrepreneurship

01/11/2016 Israel M. Kirzner

Written the year of Mises’s death, this is the book that brought new prominence to the Austrian theory of the entrepreneur. Kirzner views him as the discoverer of opportunities in the competitive process, and contrasts this view with the general

Economic Point of View: An Essay in the History of Economic Thought

06/15/1960 Israel M. Kirzner

Israel Kirzner is an outstanding student of Mises’s, and here is his sweeping defense of the Misesian definition of the scope and meaning of economic science. He compares the Misesian view of human action with the neoclassical and classical school

Market Theory and the Price System

06/15/1973 Israel M. Kirzner

Israel Kirzner’s outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbook on Austrian price theory ever written. The prose is crystal clear and the organization

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Media

Mises and the Renaissance of Austrian Economics

02/20/2020 Israel M. Kirzner

Presented at Hillsdale "College's Conference Commemorating the Centenary of the Birth of Ludwig von Mises" on September 10, 1981.

The Austrian Approach to Competition

03/11/2005 Israel M. Kirzner

The term Austrian will include people like Shumpeter and Morgenstern. Competition is seen as a state of affairs of perfect knowledge and equilibrium by mainstream economists. This fails to provide explanations as to how those market prices have been achieved.

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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