Joseph T. Salerno and Peter G. Klein are two of the most productive microeconomists in the Austrian School today. This seminar provides an introduction to Austrian Economics, and offers a preview of their forthcoming textbook for graduate students. Presented at the Mises Institute, 11-15 June 2007.
January 11th, 2016
Episode 71 of 76 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.
From finding awe in Hubble images to visiting the doctor, science is everywhere in our lives. Whether we wear a white lab coat or haven't seen a test tube since eighth grade, science affects and changes us. We all have a story about science, and at The Story Collider, we want to hear those stories.