Mises Institute


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The Mises Institute has produced several documentary videos, among which is the highly-popular 'Money, Banking, and the Federal Reserve'.

Competition and Entrepreneurship

January 11th, 2016

Episode 73 of 78 episodes

Written the year of Mises's death, this is the book that brought new prominence to the Austrian theory of the entrepreneur. Kirzner views him as the discoverer of opportunities in the competitive process, and contrasts this view with the general equilibrium view-which defines away the entrepreneur-and the Schumpeterian view that discovery is always disequilibrating. For its lucidity and focus, this remains an Austrian classic.

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