Among the foremost scholars in the continuing development of the Austrian School of economic theory, Israel Kirzner discusses the working of a free society and illuminates the vital role of entrepreneurs in the economic process. Approxiamte running time: 61 minutes.[...]
"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 the book is to utilise the tools of economic reasoning to explain the market process. The unique framework Kirzner dev[...]