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Market Theory and the Price System
Israel Kirzner

The second volume in Liberty Fund's The Collected Works of Israel M. Kirzner series, Market Theory and the Price System *was published in 1963 as Kirzner's first (and only) textbook. This volume presents an integrated view of Austrian price theory. The basic aim of Market Theory ***is to utilize the tools of economic reasoning to explain the market process. The unique framework Kirzner develops for microeconomic analysis, following Mises and Hayek, examines errors in decision-making, entrepreneurial profit, and competition as a process of discovery and learning.

Peter J. Boettke is the BB&T Professor for the Study of Capitalism at the Mercatus Center and a University Professor of economics at George Mason University. Since 1988 he has been the editor of the Review of Austrian Economics.

Frédéric Sautet is a Senior Research Fellow at the Mercatus Center and a member of the graduate faculty at George Mason University.

Título original Market Theory and the Price System
Idioma Inglés
Publicación 2013
Editorial Liberty Fund Inc.
Categoría Economía y Derecho


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