Quarterly Journal of Austrian Economics
Author:
Scott Burns
Caleb Fuller
Online Publish Date:
on entrepreneurship and the central role accorded to entrepreneurs in driving the competitive market process (Mises [1949] 1998; Kirzner 1973; Boettke and Coyne 2003; theory,” he argued, “is simply an inappropriate tool to analyze and prescribe policies that will induce development.” North even acknowledges that one of the goals how entrepreneurs shift activity between institutional “levels” when government policy reduces the profitability of acting on one level relative to others. The