Discovery, Capitalism, and Distributive Justice REL108010 ISBN10: 1523370890

ISBN10: 1523370890

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Discovery, Capitalism, and Distributive Justice REL108010 ISBN10: 1523370890Discovery, Capitalism, and Distributive Justice makes Kirzner's case for the idea that entrepreneurial profit is both essential for an economy and profoundly just. Asserting that the problem with standard criticism of capitalist income distribution is a failure to see capitalism as a "discovery procedure," Kirzner argues that production and subsequent profit are neither automatic nor guaranteed. This important contribution to the larger debate of the