Journal of Private Enterprise

Articles from Vol. 25, No. 2, Spring

A Comment on Klein/Briggeman and Kirzner
AbstractThis paper is a comment on a debate between Israel Kirzner and Dan Klein and Jason Briggeman on the meaning of Kirzner's work on coordination and its implications for policy. It suggests that, although Klein and Briggeman have gotten some aspects...
Alertness, Action, and the Antecedents of Entrepreneurship
AbstractWe review and critique Israel Kirzner's concept of the entrepreneur, offering three challenges to his basic analytical framework. First, we characterize Kirzner's emphasis on equilibration as a departure from the causal-realist price theory of...
Coordination: A Critique of Daniel Klein
AbstractIn several papers, Daniel Klein has documented the varied usage of the term coordination in the economics literature. Klein has proposed two meanings of the term, one of which corresponds to the Hayekian usage and the other to the work of Thomas...
Corridors, Coordination, and the Entrepreneurial Theory of the Market Process
AbstractWe respond to points made by Klein and Briggeman (2010), who criticize the use of definitive statements within the body of research by Israel Kirzner. We contend that Klein and Briggeman's critique fails to recognize the context of Kirzner's...
Including U.S. State Government Regulation in the Economic Freedom of North America Index
AbstractThe paper examines the Economic Freedom Index of North America (EFNA) and its ability to predict income in U.S. states. We show that including state government regulatory spending, using U.S. Census Bureau data on "Protective Inspection and Regulation,...
Israel Kirzner on Coordination and Discovery
AbstractIsrael Kirzner has been a leader in fashioning an Austrian school of economics. In his rendering of the Austrian school, one finds a marriage between Friedrich Hayek's discourse with Ludwig von Mises's deductive, praxeological image of science...
Israel Kirzner on Coordination and Discovery: A Comment
AbstractKlein and Briggeman (K-B) criticize Israel Kirzner for advancing a concept of coordination (dovetail coordination) that implies over-strong claims about the results of entrepreneurial action. Instead, K-B propose the "looser" conception of "concatenate...
Kirznerian Entrepreneurship as a Misesian Solution to a Hayekian Problem
AbstractThis comment on papers by Klein and Briggeman (2010) and Kirzner (2010) argues that Kirzner's work on entrepreneurship and coordination is best understood as offering a "solution" to the problem of how knowledge is spread through markets as posed...
Teaching the Ethical Foundations of Economics: Assessing a Curriculum for Middle and High School Students
AbstractThis paper describes a pre- and post-test design, with control group, used to evaluate the educational effectiveness of Teaching the Ethical Foundations of Economics, a ten-lesson set of curricular materials published in 2007 by the National...
The Meaning of "Economic Goodness": Critical Comments on Klein and Briggeman
AbstractKlein and Briggeman's condemnatory judgments (a) of this author and (b) of modern Austrian economics are interpreted as apparently attributable to a pre-analytical rejection of all purely economic normative discussion. Upon examination, all their...