tag:blogger.com,1999:blog-3758330678390419129.post8923331811322494904..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Some Serious Confusion About Kirznerian EntrepreneurshipRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3758330678390419129.post-87365237906223933682018-10-05T20:21:30.406-04:002018-10-05T20:21:30.406-04:00There is no stand-alone entrepreneur or capitalist...There is no stand-alone entrepreneur or capitalist. A capitalist who advances funds to finance a given line of production exercises future-oriented judgement regarding present resources (entrepreneurship). Entrepreneurs act now to create something in the future by engaging in the process of forgoing present consumption in order to reap future rewards (capitalism). This is why Rothbard (correctly)Anonymoushttps://www.blogger.com/profile/15419674740262151053noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31242075185219071122018-10-05T17:35:30.185-04:002018-10-05T17:35:30.185-04:00You misunderstand. Kirzner himself that is not his...You misunderstand. Kirzner himself that is not his version of entrepreneurship. He states is has to do with creativity, rather than just discovering something that's out in plain view.<br /><br />I've read both him and Klein. Klein is unfair to Kirzner in the same way Salerno mischaracterizes Hayek.Austro-Punkhttps://www.blogger.com/profile/15170272148725680161noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-25903548354135238852018-10-05T13:49:21.225-04:002018-10-05T13:49:21.225-04:00I also think that Kirzner's view of entreprene...I also think that Kirzner's view of entrepreneurship is too narrow. I have never liked his notion of "alertness to opportunity," because it seems to imply that entrepreneurship only involves existing opportunities growing on trees waiting for an entrepreneur to come along and pick them off; while some in the population walk by these trees without noticing the hanging fruit, The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-70148369417088453892018-10-05T13:29:38.353-04:002018-10-05T13:29:38.353-04:00So if I understand your thesis, Robert, it is that...So if I understand your thesis, Robert, it is that if policymakers become convinced that Kirzner is right, then they will stop welfare handouts to the poor. But if only some people have the natural ability to be an entrepreneur, doesn't your thesis require policymakers to be able to differentiate between the poor who are entrepreneurs and the poor who are not? Or, if everyone is regarded asThe NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31371900820317753182018-10-05T13:14:26.631-04:002018-10-05T13:14:26.631-04:00Entrepreneurship requires capitol but to be an ent...Entrepreneurship requires capitol but to be an entrepreneur does not require an entrepreneur to supply capitol directly. <br /><br />Acting on a potential opportunity can be accomplished in different ways. Most would consider a person that supplies no funds entrepreneurial if they supply their labor and or ideas at reduced or no cost during the startup period of a venture. <br /><br />Of courseAlexZouglehttps://www.blogger.com/profile/09903419350475485505noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-13258343231709548232018-10-05T11:54:52.898-04:002018-10-05T11:54:52.898-04:00A holder of capital's decision to invest with ...A holder of capital's decision to invest with one or another "Kirznerian entrepreneur" is itself necessarily an entrepreneurial act. That being the case, it has always seemed to me that Kirzner overstates his point. One is reminded of Rothbard's comment on Keynes' advocacy of the euthanasia of the rentier by his noting that even the most inactive rentier serves a positive Jule Herberthttps://www.blogger.com/profile/04010275785788333723noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-48630089744499794782018-10-05T10:51:08.753-04:002018-10-05T10:51:08.753-04:00I'm probably way out of my depth here, but cou...I'm probably way out of my depth here, but count me among those who are a bit confused about this distinction.<br /><br />It seems obvious that someone with more funds at his disposable finds himself in a superior position to act on an entrepreneurial idea than someone with fewer funds.Anonymoushttps://www.blogger.com/profile/11968441656658845395noreply@blogger.com