Home » Posts tagged "Kirzner"

Tag Archives: Kirzner

Ending crony capitalism – how markets work

Crony capitalism — businesses capturing the state for commercial advantage, serving politicians and officials instead of the public — ought to be brought to an end. A prerequisite to that is a good understanding of how social cooperation in the market works. Israel Kirzner’s, How Markets Work: Disequilibrium, Entrepreneurship and Discovery (PDF) provides a brief and readable explanation. From the book’s page at the IEA: Human action consists of ‘grappling with an essentially unknown future’, not being confronted with clearly-specified […]

Tags: , , , , , ,