Monetary policy in the Czech Republic in the year 2000 in the broader framework of macroeconomic development is the topic of this article. The central bank's experience with inflation targeting, and the implementation of the inflation target in 2000 are assessed. The resumption of GDP growth and...

Czech Abstract: Cílem tohoto článku je představit Kirznerovu teorii podnikatelského objevování jako doplněk a alternativu k teorii hlavního proudu. V první a druhé části autor vysvětluje hlavní vlivy Ludwiga von Misese a Friedricha Augusta von Hayeka na vznik podnikatelské...

The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement and an alternative to the mainstream theory. In the first and the second sections, the author explains the main influences of Ludwig von Mises and Friedrich August von Hayek's works on...

What is the role of entrepreneurship in economic development from the perspective of neo-Austrian and new institutional economics and what is the difference between these approaches? Neo-Austrian economists claim that economic development is caused by entrepreneurial discovery. New institutional...