Entrepreneurship from Schumpeter to Manne


The conference discussed key texts that span the Schumpeterian, Chicagoan, and Austrian insights on entrepreneurship, with special focus on the contributions of Henry Manne.


From Liberty Fund

Competition and Entrepreneurship

by By Israel M. Kirzner
Edited and with an Introduction by Peter J. Boettke and Frédéric Sautet

Competition and Entrepreneurship defines Israel M. Kirzner’s unique contribution to the economics profession. Pointing out the shortcomings of the traditional microeconomic model, Kirzner offers an alternative and complementary view, which illuminates and enriches the way economists think of the market process. Kirzner develops a theory of the market process that…

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Additional Readings

Vanberg, Viktor. “Schumpeter and Mises as ‘Austrian Economists’” working paper downloaded from ZBW, www.Econstor.EU (later published in the Journal of Evolutionary Economics (2015): 91-105.)

Alchian, Armen A. The Collected Works of Armen A. Alchian, Volume 2: Property Rights and Economic Behavior. Edited by Daniel K. Benjamin. Indianapolis: Liberty Fund, Inc., 2006.

Demsetz, Harold. “The Problem of Social Cost: What Problem? A Critique of the Reasoning of A. C. Pigou and R. H. Coase.” Review of Law and Economics 7, no. 1 (2011): 1-13.

Klein, Daniel B. and Jason Briggeman. “Israel Kirzner on Coordination and Discovery.” The Journal of Private Enterprise 25, no. 2 (2010): 1-9.

Knight, Frank H. Risk, Uncertainty, and Profit, 1st Edition. Boston: Hart, Schaffner & Marx; Houghton Mifflin Co., 1921.

Manne, Henry G. The Collected Works of Henry G. Manne, Volumes I-III. Edited by Fred S. McChesney. Indianapolis: Liberty Fund, 2010.

Manne, Henry G. “Resurrecting the Ghostly Entrepreneur.” The Review of Austrian Economics 27 (2014): 249-258.

Manne, Henry G. “Entrepreneurship, Compensation, and the Corporation.” Quarterly Journal of Austrian Economics 14, no. 1 (May 2011): 3-24.

Manne, Henry G. “How the Structure of Universities Determined the Fate of American Legal Education - A Tribute to Larry Ribstein.” International Review of Law and Economics, Supplement 38 (June 2014): 107-116.

McCaffrey, Matthew and Joseph T. Salerno. “A Theory of Political Entrepreneurship.” Modern Economy 2, no. 4 (September 2011): 552-560.

McCloskey, Deirdre N. Bourgeois Dignity: Why Economics Can't Explain the Modern World. Chicago: University of Chicago Press, 2010.

Miller, Henry I. “When Politics Drives Science: Lysenko, Gore, and U.S. Biotechnology Policy.” Social Philosophy and Policy 13, no. 2 (Summer 1996): 96-112.

North, Douglass and Barry Weingast. “Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England.” The Journal of Economic History XLIX, no. 4 (December 1989): 803-832.

Pejovich, Svetozar. “Law, Tradition, and the Transition in Eastern Europe.” Independent Review 2 (Fall 1997): 243-254.

Schumpeter, Joseph. Essays on Entrepreneurs, Innovations, Business Cycles, and the Evolution of Capitalism (4th Printing). Edited by Richard V. Clemence. New Brunswick: Transaction Publishers, 2000.

Wohlgemuth, Michael. "Political Entrepreneurship and Bidding for Political Monopoly." Journal of Evolutionary Economics 10 (2000): 273-295.