Markets, Entrepreneurship, Ethics, and Distributive Justice in Israel Kirzner


The conference focused on three of Israel Kirzner’s major works: Market Theory and the Price System (1963), Competition and Entrepreneurship (1973), and Discovery, Capitalism and Distributive Justice (1989), in order to explore the importance of Kirzner's contributions to the study of markets.


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

Kirzner, Israel. Market Theory and the Price System (The Collected Works of Israel M. Kirzner). Edited by Peter J. Boettke and Frédéric Sautet. Indianapolis: Liberty Fund, 2011.

Kirzner, Israel. Creatividad, Capitalismo, y Justicia Distributiva. Madrid: Union Editorial, 1995.