We 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 arguments within the broader tradition of neoclassical...

This paper argues that liberty and progress arose due to the generalized increasing returns to economic activity. These increasing returns follow from the gradual, cumulative process of institutionalizing liberties. As a society adopts an institutional framework from accumulated liberties, there...

This paper discusses the inherent tension in the notion of entrepreneurship as developed by Ludwig von Mises and Israel Kirzner. Given that entrepreneurship is an omnipresent aspect of human action, it cannot also be the quot;causequot; of economic development. Rather, for economic development...

Daniel Klein (Klein 1997, Klein and Orsborn 2009 and Klein and Briggeman forthcoming) and Israel Kirzner (forthcoming) have been engaged in a debate concerning how economists should understand and use the terms “coordination” and “economic goodness”. Klein and Briggeman (forthcoming)...

Does the production of scientific knowledge differ in certain important respects from the kinds of activity economics typicaly studies? If it does, the kinds of coordinating mechanisms at work in science that would allow us to see such activities as a Hayekian "order" might well differ from the...

The Russian economic system has been a state of continual turmoil and reform for over a century, making it difficult for business to develop as the political, legal, and economic foundation continually shifts. The beginning of the 20th century saw Russia struggling to change its economic system...