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Bibliography
I. Kirzner's Published Works
1. The Economic Point of View (1960).2. Competition and Entrepreneurship (1973).3. The Meaning of the Market Process (1992).4. 'Entrepreneurial Discovery and the Competitive Market Process: An
Austrian Approach', Journal of Economic Literature, March 1997.
5. 'The Primacy of Entrepreneurial Discovery', to The Prime Mover ofProgress, IEA Readings No. 23 (1980).
II. Further Reading
1. Hayek, F. (1948): 'The Use of Knowledge in Society', AmericanEconomic Review, September 1945; reprinted in Hayek,
Individualism and Economic Order, London: Roudedge and Kegan
Paul.
2. Hayek, F. (1978): 'Competition as a Discovery Procedure', in Hayek,'New Studies in Philosophy, Politics, Economics and the History of
Ideas', Chicago: University of Chicago Press.
3. Ikeda, S. (1990): 'Market-Process Theory and "Dynamic" Theories ofthe Market', Southern Economic Journal, July.
7/27/2019 How Markets Work BY ISRAEL M. KIRZNER
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101
4. Kirzner, I. M. (1973): 'Competition and Entrepreneurship', Chicago:University of Chicago Press.
5. Kirzner, I. M. (1985): 'The Perils of Regulation: A Market ProcessApproach', in Kirzner, 'Discovery and the Capitalist Process',
Chicago: University of Chicago Press.
6. Kirzner, I. M. (1997): 'Entrepreneurial Discovery and theCompetitive Market Process: An Austrian Approach', Journal of
Economic Literature, March.
7. Lavoie, D. (1985): 'Rivalry and Central Planning: The SocialistCalculation Debate Reconsidered', Cambridge: Cambridge
University Press.
8.
Littlechild, S. C. (1978/1986): 'The Fallacy of the Mixed Economy: AnAustrian Critique of Recent Economic Thinking and Policy', Hobart
Paper 80, Second Edition, London: The Institute of Economic Affairs.
9. Machovec, F. M. (1995): 'Perfect Competition and theTransformation of Economics', London and New York: Roudedge.
10.Mises, L. V. (1949): 'Human Action', New Haven: Yale UniversityPress.
11.Rizzo, M. J. (1979): 'Uncertainty, Subjectivity, and the EconomicAnalysis of Law', in Rizzo (ed.), 'Time, Uncertainty, and
Disequilibrium', Lexington, MA: Lexington Books.
7/27/2019 How Markets Work BY ISRAEL M. KIRZNER
105/109
102
12.Thomsen, E. F. (1992): 'Prices and Knowledge: A Market ProcessPerspective', London and New York: Roudedge.
13.Vaughn, K. I. (1994): 'Austrian Economics in America: The Migrationof a Tradition', Cambridge: Cambridge University Press.
14.Vihanto, M. (1994): 'Introductory Essay: The Nature and MainContent of Austrian Economies', in Vihanto, 'Discovering a Good
Society through Evolution and Design, Studies in Austrian
Economics', Turku, Finland: Turku School of Economics.
III. References
1. R. G. Lipsey and K. Lancaster, 'The General Theory of Second Best',Review of Economic Studies, 24(1), October 1956, pp. 11-32.
2. Gordon Tullock, 'The Vote Motive', Hobart Paperback 9, London:Institute of Economic Affairs, 1976 (2nd Impn. 1978).
3. Hans Mayer, 'Der Erkenntniswert der Funktionellen Preistheorien', inMayer (ed.), Die Wirtschafttheorie der Gegenwart, Vienna, 1932,
Vol. 2, pp. 147-239b. Translated under the title 'The Cognitive Value
of Functional Theories of Price', in, I. Kirzner (ed.), 'Classics in
Austrian Economics', Vol. II: 'The Interwar Period', London: William
Pickering, 1994, pp. 55-168.
4. Ludwig von Mises, 'Epistemological Problems of Economics',translated by George Reisman, Princeton: Van Nostrand, 1960, p.
7/27/2019 How Markets Work BY ISRAEL M. KIRZNER
106/109
103
214. The passage is part of the translation of a paper delivered by
Mises on 30 September 1932.
5. Lionel Robbins, 'An Essay on the Nature and Significance ofEconomic Science', 2nd edition, London: Macmillan, 1935.
6. Oskar Lange, 'On the Economic Theory of Socialism, Parts I and II', inBenjamin M. Lippincott (ed.), 'On the Economic Theory of Socialism',
Minneapolis: University of Minnesota Press, 1938.
7. Abba P. Lerner, 'A Note on Socialist Economies', Review of EconomicStudies, 4 October 1936.
8. Abba P. Lerner, 'Statics and Dynamics in Socialist Economies',Economic Journal, June 1937.
9. Ludwig von Mises, 'Human Action', New Haven: Yale UniversityPress, 1949. Its German-language forerunner, 'Nationalokonomie',
was published in 1940. A revised edition of Human Action has been
published by Laissez Faire Books: New York 1996.
10.Friedrich A. Hayek, 'Individualism and Economic Order', London:Roudedge and Kegan Paul, 1949, p. 42.
11.M. Machovec, 'Perfect Competition and the Transformation ofEconomics', London and New York: Roudedge, 1995.
7/27/2019 How Markets Work BY ISRAEL M. KIRZNER
107/109
104
12.Franklin M. Fisher, 'Disequilibrium Foundations of EquilibriumEconomics', Cambridge and New York: Cambridge University Press,
1983, as a prime example of such recognition.
13.Milton Friedman, 'The Methodology of Positive Economies', in his'Essays in Positive Economics', Chicago: University of Chicago Press,
1953, pp. 3-43.
14.George Shackle, 'Epistemics and Economics: A Critique of EconomicDoctrines', Cambridge: Cambridge University Press, 1972.
15.Gerald P. O'Driscoll Jr. and Mario J. Rizzo, 'The Economics of Timeand Ignorance', Oxford: Basil Blackwell, 1985, Chapter 5.
16.Frank H. Knight, 'Risk, Uncertainty and Profit', Boston and New York:Houghton Mifflin, 1921, chapters 3-6.
17.Edward H. Chamberlin, 'The Theory of Monopolistic Competition',7th edition, Cambridge: Harvard University Press, 1956.
Chamberlin's book was first published in 1933, being based on his
1927 doctoral dissertation.
18.Ludwig von Mises, 'Profit and Loss', in his Planning for Freedom andOther Essays and Addresses, 2nd edition, South Holland, III.:
Libertarian Press, 1962, p. 109.
19.Friedrich A. Hayek, 'The Meaning of Competition', in hisIndividualism and Economic Order, op. cit., Chapter 5, pp. 92-106.
7/27/2019 How Markets Work BY ISRAEL M. KIRZNER
108/109
105
20.Friedrich A. Hayek, 'Competition as a Discovery Procedure', in his'New Studies in Philosophy, Politics, Economics and the History of
Ideas', Chicago: University of Chicago Press, 1978, Chapter 12. (This
paper was first presented as a lecture on 29 March 1968.)
21.Israel M. Kirzner, 'Competition and Entrepreneurship', Chicago:University of Chicago Press, 1973.
22.Karen I. Vaughn, 'Austrian Economics in America: The Migration of aTradition', Cambridge: Cambridge University Press, 1994, pp. 139fF.
23.John K. Galbraith, 'The Affluent Society', Boston: Houghton Mifflin,1958, Chapter 11.
24.John K. Galbraith, 'The New Industrial State', Boston: HoughtonMifflin, 1967, Chapter 18.
25.John K. Galbraith, 'Economics and the Public Purpose', Boston:Houghton Mifflin, 1973, Chapter 14.
26.Henry C. Simons, 'Economic Policy for a Free Society', Chicago:University of Chicago Press, 1948, pp. 81ff.
27.Yale Brozen, 'Concentration, Mergers, and Public Policy', New Yorkand London: Macmillan, 1982.
28.Yale Brozen (ed.), 'The Competitive Economy', Selected Readings,Morristown, NJ: General Learning Press, 1975.
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29.Donald C. Lavoie, 'Rivalry and Central Planning, The SocialistCalculation Debate Reconsidered', Cambridge: Cambridge
University Press, 1985.
30.Ludwig von Mises, 'Economic Calculation in the SocialistCommonwealth', in Friedrich A. Hayek (ed.), 'Collectivist Economic
Planning, Critical Studies of the Possibilities of Socialism', London:
Roudedge and Kegan Paul, 1935, pp. 87-130.
31.Ludwig von Mises, 'Socialism: An Economic and SociologicalAnalysis' (1922), translated by J. Kahane, London: Jonathan Cape,
1936, Chapter 6.
32.Oskar Lange, 'On the Economic Theory of Socialism', op, cit.,reprinted in Oskar Lange and Fred M. Taylor, 'On The Economic
Theory of Socialism', edited by B. E. Lippincott, University of
Minnesota Press, 1938, pp. 55-129.
33.Friedrich A. Hayek, 'The Nature and History of the Problem',published as the Introduction to F. A. Hayek (ed.), 'Collectivist