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Chapter 1 of 9 · The Foundations of Austrian Economics by Israel M. Kirzner

Front Matter

225 words · All 9 chapters

The Foundations of Austrian Economics

Israel M. Kirzner

FEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society.

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Foundation for Economic Education

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Atlanta, Georgia 30309

Telephone: (404) 554-9980

ISBN (ebook): 978-1-57246-089-8

2016
Published under the Creative Commons Attribution 4.0 International License

Credits

The four essays that constitute “Foundations of Austrian Economics” appeared in January, February, March, and April 2000 issues of The Freeman. “Anatomy of Economics Advice” appeared in July/August 2006, September 2006, and October 2006 issues of The Freeman. “Advertising” was transcribed from a lecture delivered September 1st, 1972. “Human Action: An Epic Literary Event in 1949” and “Austrian Economics and FEE” are derived from the May 1996 edition of The Freeman, article titled “Fifty Years of Progress at FEE: Fifty Years of Progress in Austrian Economics.” “The Nature and Significance of Economic Education” was published October 1, 1998. “The Open-Endedness of Knowledge” was published in the June 2003 issue of Ideas on Liberty.

Table of Contents

Introduction by Steven Horwitz

Foundations of Austrian Economics

I. Supply and Demand

II. Entrepreneurial Discovery and the Law of Supply and Demand

III. The Irresistible Force of Market Competition

IV. An Austrian Critique of Governmental Economic Policy

The Nature and Significance of Economic Education

Anatomy of Economic Advice

I.

II.

III.

Advertising

Human Action: An Epic Literary Event in 1949

The Open-Endedness of Knowledge

Austrian Economics and FEE

The Foundations of Austrian Economics

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