Kirzner’s “Competition and Entrepreneurship” at Forty


On the fortieth anniversary of Kirzner's seminal work, this conference sought to revisit its contribution to our understanding of the economics of a free society.


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

Buchanan, James M. The Collected Works of James M. Buchanan, Volume 12: Economic Inquiry and Its Logic. Indianapolis: Liberty Fund, Inc., 2000.