Quarterly Journal of Austrian Economics
Author:
Frank Shostak
Online Publish Date:
Volume 2, No. 2 (Summer 1999) In his article “Entrepreneurship and Economic Growth,” Professor Holcombe (1998) argues that Kirznerian entrepreneurial alertness enables market actors to spot previously unnoticed profit opportunities. Entrepreneurs then act upon these opportunities. As a result, the economy becomes more productive because now more