Je Israel M. Kirzner institucionálním ekonomem? (Israel M. Kirzner: Institutional Economist?)

12 Pages Posted: 20 Apr 2014 Last revised: 31 May 2014

See all articles by Tomáš Otáhal

Tomáš Otáhal

Mendel University - Faculty of Economics and Business Administration

Date Written: April 18, 2014

Abstract

Czech Abstract: Je Israel M. Kirzner institucionální ekonom? Přesněji řečeno, tvrdím, že teorie podnikatelského objevování se stává prázdnou bez implicitního předpokladu institucionálního prostředí, které vymáhá soukromé vlastnictví.

English Abstract: Is Israel M. Kirzner an institutional economist? Israel M. Kirzner (1930) is a direct successor of Ludwig von Mises (1981-1973). Ludwig von Mises contributed to the methodology of economics, calculation debate and theory of social order. He can rightly be considered an institutional economist of methodological individualism. Israel M. Kirzner has further developed it into the theory of entrepreneurial discovery. In this paper, I argue that Israel M. Kirzner, the successor of Ludwig von Mises, is an institutional economist of methodological individualism. More precisely, I argue that the theory of entrepreneurial discovery turns empty without implicit assumption of the institutional environment that enforces private property. To support my arguments, I provide explicit evidence based on Kirzner’s theoretical institutional analysis.

Note: Downloadable document is in Czechoslovakian.

Keywords: Competition process, entrepreneur, entreprenurship, entrepreneurial discovery, institutions, Israel M. Kirzner, neo-Austrian school, theory of entrepreneurial discovery

JEL Classification: D8, L26, P11

Suggested Citation

Otáhal, Tomáš, Je Israel M. Kirzner institucionálním ekonomem? (Israel M. Kirzner: Institutional Economist?) (April 18, 2014). Available at SSRN: https://ssrn.com/abstract=2426636 or http://dx.doi.org/10.2139/ssrn.2426636

Tomáš Otáhal (Contact Author)

Mendel University - Faculty of Economics and Business Administration ( email )

Staňkova 578/16b
Brno, 602 00
Czech Republic

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