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Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.

Austrian school of economics --- Economics --- Ecole autrichienne d'économie politique --- Economie politique --- History --- Histoire --- Economic schools --- Austrian school of economics. --- Austrian school of economists --- 20th century --- Austrian school of economists. --- Economics - History - 20th century. --- Capitalism. --- Economics. --- Economic Theory --- Business & Economics