Title page from The Economic Point of View (1976)

The Economic Point of View (1976)

Kirzner’s The Economic Point of View is a thoughtful study of how and why economists are successful at sorting out certain issues but less successful at others, issues from welfare to wealth to human actions. Ludwig von Mises, for whom Kirzner once worked as a graduate assistant, wrote the Foreword to the first edition.

Key Quotes


Fraser has classified definitions of economics into Type A definitions and Type B definitions. Type A definitions consider economics as investigating a particular department of affairs, while Type B definitions see it as concerned with a particular aspect of affairs in general. The specific…