Monday, February 4, 2013
Israel Kirzner Award Ceremony
NYU Professor Emeritus Israel M. Kirzner will be honored on February 7, 2013 with a Lifetime Achievement Award from the Fund for the Study of Spontaneous Order for his pioneering work on the theory of the entrepreneurial market process.
Prior to the Award Ceremony, the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center will host a panel discussion of Kirzner's work on entrepreneurship and its relationship to economic science, organizations and management, and law and public policy.
Featured speakers will include Henry Manne, former Dean of George Mason University School of Law; Peter Klein, professor of economics at University of Missouri and author of Organizing Entrepreneurial Judgment; and Peter Boettke, University Professor of Economics and Philosophy at George Mason University, and co-editor of The Collected Works of Israel M. Kirzner.
The event is co-sponsored by the Mercatus Center, Fund for the Study of Spontaneous Order, Atlas Economic Research Foundation, and Liberty Fund. A reception will follow the panel discussion.
Although not all Austrians agree, I believe Kirzner's view of the role of alertness as being at the core of entrepreneurship is an important advance. If one accepts Kirzner's view, then it is difficult to hold the idea that poor are at a disadvantage to the wealthy, when it comes to entrepreneurial profit. A poor person can be as alert to opportunity as a wealthy person.