Kirznerian authors consider the pure entrepreneur an alert actor who owns no capital and discovers objective opportunities. Rothbardians claim that the capitalist-entrepreneur owns capital, risks it and searches subjective opportunities. It is here focused on the active aspect of both search and...

The Austrian school economics and neo-Marxist theories both have been reviving in recent years. However, the current academic discussion lacks a debate between two schools of economics with diametrically opposed views. This paper is the first and an initial Austrian challenge to Neo-Marxist...

A superb introduction to Austrian economicsThe Austrian School is a concise but comprehensive exposition of the main tenets of the modern Austrian School of Economics. It also provides a detailed explanation of the differences between the Austrian and the neoclassical (including the Chicago...