- Cafe Hayek - https://cafehayek.com -

Quotation of the Day…

Tweet [1]

… is from page 81 of Israel Kirzner’s superb 1985 collection, Discovery and the Capitalist Process [2]:

As soon as the economics of growth becomes correctly viewed as being in large part the economics of entrepreneurial discovery, it becomes difficult to see the processes of short-run resource allocation as anything but special cases of the more general discovery processes that constitute economic growth.

Share [3] Tweet [4] Share [5] Email [6] Print [7]

Comments