Economic Point of View: v. 1: Volume 1 (Collected Works of Israel M. Kirzner): An Essay in the History of Economic Thought (Economic Point of View: An Essay in the History of Economic Thought) - Softcover

Kirzner, Israel M.

Softcover

ISBN 10: 0865977348 ISBN 13: 9780865977341

Publisher: Liberty Fund Inc, 2009

Synopsis

The inaugural volume in Liberty Fund's new Collected Works of Israel M Kirzner series, "The Economic Point of View" contains Kirzner's 1960 doctoral dissertation under Ludwig von Mises, a work that established Kirzner as a careful and meticulous scholar of economics.

About this title

Review

Certain thinkers in a field rise far and above all others in their field to grant new ideas. The Economic Point of View: The Collected Works of Israel M. Kirzner is the collected essays of Kirzner, an Austrian economist who is highly revered in scholarly circles that discuss economics. Here, his writings lay out his beliefs and ideas with much evidence on how he believes the world of money works in the modern era. Drawing on debates Kirzner engaged in and other sources, The Economic Point of View is an intellectual and educational read that belongs on any economics research shelf.

The Midwest Book Review
March 2010
Praise for the Previous Edition

...The Economic Point of View can be recommended both to the specialist and to those intrepid amateurs who are willing to struggle with its style and its numerous references to the literature in the field. It is probably the best single reference book now available on the history of the discussion of what constitutes "the eco-nomic point of view." Kirzner traces the discussion from ap-proximately the time of Adam Smith, when economics was thought to be a wealth-centered study, through the period when it was thought to be centered on man in his wealth--getting activities, to the more modern definitions of eco-nomics as a science of human action (the praxeological view of economics, associated particularly with the name of Pro-fessor Mises).

Those who are tempted to ask, "What difference does it make how economics is defined?," would do well to read this book and find out. For example, the early definitions of eco-nomics in terms of wealth-getting were partly responsible for the low repute of the science. Its concern seemed to be only with the "vulgar" activities of man or when he was operating at his worst. The praxeological view, in which economics is viewed as the study of man in the process of making rational choices among alternatives, relieves economics of much of the stigma that was once attached to it for definitional reasons alone. This is a reference book that every economist, profes-sional or amateur, should have on his shelf--after reading.

National Book Foundation
February 15, 1962

Edition details

• Publisher: Liberty Fund Inc
• Publication date: 2009
• Language: English
• ISBN 10: 0865977348
• ISBN 13: 9780865977341
• Binding: Paperback
• Number of pages: 239