Discussion of Israel Kirzner’s Work on Entrepreneurship

Check this out at Liberty Matters. Lead Essay: Peter J. Boettke, "Israel M. Kirzner on Competitive Behavior, Industrial Structure, and the Entrepreneurial Market Process" [Posted: March 1, 2017] Responses and Critiques Mario J. Rizzo, "Kirzner’s Theory of the Market Process" [Posted: March 6, 2017] Peter G. Klein, "Entrepreneurial Discovery: Who Needs It?" [Posted: March 8, … Continue reading Discussion of Israel Kirzner’s Work on Entrepreneurship

Best of ThinkMarkets 2008–2016

by Andreas Hoffmann and Mario Rizzo We had a look at the statistics of the blog when we updated the page.  We learned that ThinkMarkets has published almost 800 blog posts since 2008. Some posts have received a lot more attention than others. We have selected an all-time TOP 5: TOP 5: Against all odds, … Continue reading Best of ThinkMarkets 2008–2016

Time for Reflection: “The Unity of the People”

This is from more than eight years ago. It was written in response to the Obama campaign and its call for unity. It applies again today to the World of Trump.

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by Mario Rizzo

After most presidential elections in recent years there is talk of uniting the country, somehow overcoming differences and working for the betterment of the nation. This is a dangerous idea if it is taken seriously.

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Chickens Coming Home to Roost: The Progressive Destruction of Employment Opportunities

By Mario Rizzo There comes a point where the continual mandating of benefits and restrictions on hiring has big consequences. We can see the handwriting on the wall in Europe as well as in the US. In Europe the young are more and more being left out of the traditional forms of hiring . A … Continue reading Chickens Coming Home to Roost: The Progressive Destruction of Employment Opportunities

Libertarianism and Classical Liberalism: Is There a Difference?

by Mario Rizzo I consider myself both a libertarian and a classical liberal. I have been teaching a seminar in classical liberalism at the NYU Law School for six semesters. I am always asked about the difference.  My answer is basically this. Classical liberalism is the philosophy of political liberty from the perspective of a … Continue reading Libertarianism and Classical Liberalism: Is There a Difference?

Interview with Gerald O’Driscoll

by Mario Rizzo I am happy to post a very interesting interview with my long-time friend and Cato senior fellow, Jerry O'Driscoll. As readers of ThinkMarkets know, Jerry frequently contributes to this blog. This is from the Lara-Murphy Report. The entire report can be accessed immediately below. The interview with O'Driscoll begins at page 24. … Continue reading Interview with Gerald O’Driscoll