Lecture 13 of 16 · Austrian Theory
What is the function of the entrepreneur in economic equilibrium?
What is the function of the entrepreneur in economic equilibrium? by Murray N. Rothbard is a free audio lecture (0:23) at freecapitalists.org, recorded 13 July 2009, part of the 16-lecture series Austrian Theory.
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0:00Austrians focus on the process, the real world process by which the economy tends to move toward equilibrium and thereby, of course, we have the whole world of risk and uncertainty and change, which is the real world, which equilibrium economics doesn't talk about. And so, therefore, the entrepreneur becomes a key figure in the whole process, the profit and loss system, the incentive to make profits and to avoid losses.
Part of a series
Austrian Theory
16 lectures, 0.2 hours, recorded 2009. See the full series or subscribe by RSS.
Speakers: Murray N. Rothbard.
Recording date and topics for this lecture come from the Mises Institute's page for What is the function of the entrepreneur in economic equilibrium?, checked 2026-07-23.
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- Can I listen to What is the function of the entrepreneur in economic equilibrium? free?
- Yes. It plays as audio in the browser on this page, and downloads free with no signup.
- How long is What is the function of the entrepreneur in economic equilibrium??
- The recording runs 0:23.
- Who gave the lecture What is the function of the entrepreneur in economic equilibrium??
- Murray N. Rothbard delivered it, in the series Austrian Theory.
- When was What is the function of the entrepreneur in economic equilibrium? recorded?
- It was recorded 13 July 2009.
- What series is What is the function of the entrepreneur in economic equilibrium? part of?
- It is lecture 13 of 16 in Austrian Theory, which is free to stream or download in full.