How Markets Work: Disequilibrium, Entrepreneurship and DiscoveryInstitute of Economic Affairs, 1997 - 78 lappuses In the last hundred years or so, the neo-classical school has come to dominate microeconomic thinking. Economists concerned with competition have taken refuge in increasingly complex models which emphasize the end-state of competitive equilibrium. This paper presents, in non-technical terms, an 'Austrian' view of how a market economy works. The writer of this book follows in the Austrian tradition as he tries to crystallize the theory of entrepreneurial discovery and of its implications for economic understanding and policy. |
Saturs
Contents Foreword Professor Colin Robinson | 5 |
Problems In The Standard Theory Of Price | 21 |
The Theory Of Entrepreneurial Discovery | 31 |
Autortiesības | |
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How Markets Work: Disequilibrium, Entrepreneurship, and Discovery Israel M. Kirzner Fragmentu skats - 1997 |
How Markets Work: Disequilibrium, Entrepreneurship and Discovery Israel M. Kirzner Fragmentu skats - 1997 |
How Markets Work: Disequilibrium, Entrepreneurship and Discovery Israel M. Kirzner,Institute of Economic Affairs (Great Britain) Priekšskatījums nav pieejams - 2012 |
Bieži izmantoti vārdi un frāzes
achieved act of discovery activity advertising allocation allocative efficiency analytical anti-trust assumption Austrian economics Austrian theory Austrian tradition aware buyers capitalist co-ordination commodity competitive entry competitive market consumer preferences criticism critique decision-making deliberate demand curve discovered disequilibrium dynamic competition economic theory economists efficiency entrepreneurial alertness entrepreneurial discovery approach equilibrating errors existence explain framework Friedrich Hayek grasped human action insights Kirzner Lionel Robbins Ludwig von Mises mainstream economics mainstream theory market economy market participants market prices market process maximising Mises and Hayek Mises's Misesian monetary union monopoly neo-classical economics notion offers optimality Oskar Lange over-optimism over-pessimism paradigm Pareto optimality perfectly competitive equilibrium perfectly competitive model possibility potential price theory problem production Professor pure entrepreneurial profit pure profit opportunities real-world markets realise recognise relevant resource prices rôle sell sellers situation social Socialist Calculation Debate theory of entrepreneurial theory of price unaware understanding welfare economics
Atsauces uz šo grāmatu
Foundations of Entrepreneurship and Economic Development David A Harper Priekšskatījums nav pieejams - 2004 |