Transcript
  • 00:00    |    
    Initial credits
  • 00:06    |    
    Introduction
  • 03:05    |    
    Entrepreneur in Austrian Economics
  • 03:43    |    
    Why talk about entrepreneurship?
    • Interest of academic research journals in entrepreneurship
    • Centers, institutes and programs devoted to entrepreneurship
    • Muhammad Yunus
  • 08:20    |    
    Who is an entrepreneur?
    • Entrepreneurs throughout history
    • Quotes n , David B. Audretsch
  • 11:20    |    
    Different elements fitting one label
  • 11:41    |    
    Thinking about entrepreneurship
  • 12:31    |    
    Mainstream perspective: entrepreneurship as a phenomenon
  • 15:49    |    
    Austrian perspective: entrepreneurship as a fundamental aspect of economic behavior
    • Human action according to Ludwig von Mises
    • Opportunity cost
    • Narrower notion about entrepreneurship
    • A functional definition
  • 25:10    |    
    Fundamental categories of action from an Austrian point of view
  • 25:21    |    
    Means and ends
  • Carl Menger
  • 26:19    |    
    Time and uncertainty
  • Quotes n , Richard Cantillon
  • 29:42    |    
    Entrepreneur according to Ludwig von Mises
    • Economic functions
    • Profit and loss
    • Capital resources
    • Ludwig von Mises' description
  • 34:12    |    
    Entrepreneur-promoter
    • Special class of entrepreneur
    • Characteristics of the promoter
  • 36:58    |    
    Austrian capital theory
  • Attributes
  • 39:19    |    
    Variety within the Austrian tradition
    • Israel Kirzner
      • Alertness
      • Disinterest in entrepreneurship
      • Entrepreneurship as an instrumental way
    • Joseph A. Schumpeter
      • Disequilibrating force
      • Economic growth
  • 46:31    |    
    Similarities between the view of Ludwig von Mises and Frank Knight
  • Risk versus uncertainty
  • 48:24    |    
    Government and entrepreneurship
    • Economic policy
    • Entrepreneurship in a socialist economy
    • Entrepreneurship in a capitalist economy
    • Bailouts and subsidies
    • Government training
  • 57:43    |    
    Question and answer period
    • Why government cannot teach how to be an entrepreneur?
    • What do you think about the propositions regarding the equilibrium or disequilibrium of entrepreneurship?
    • How do cultural differences affect?
  • 01:06:25    |    
    Final credits


The Entrepreneur in Austrian Economics

New Media  | 05 de septiembre de 2011  | Vistas: 798

Peter Klein talks about the increasing interest entrepreneurial activities have had during the past years, and explains its relation with Austrian Economics by describing the many contributions made to entrepreneurship. After explaining the meaning and components of an entrepreneur, Klein points out the fundamental categories of action according to the Austrian School of Economics and mentions several names of people, within the Austrian tradition, who have dedicated time to teach about entrepreneurship, such as Israel Kirzner and Joseph Schumpeter, among others. He concludes discussing the role that governments play in entrepreneurial activities and how to prevent it from impeding progress.



“The term entrepreneur as used by catallactic theory means: acting man exclusively seen from the aspect of the uncertainty inherent in every action.” Ludwig von Mises

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Conferencista

Economist, professor and researcher