The Capitalist & The Entrepreneur
One of the nice things about going to the Kauffman Foundation this year was meeting up again with Peter Klein of Organizations and Markets, who was my first economics professor.* (I liked him as soon as I found out one of his first publications dealt with “moral hazard” and the Designated Hitter.)
Peter has a book out from the Mises Institute, The Capitalist & The Entrepreneur. Subtitled Essays on Organizations and Markets and carrying blurs from Business and Law people as well as the obligatory G-Mu professor (Adam Smith Award winner Peter Boettke), the book, as with Klein himself, is likely well-conceived, sharply written, and worth arguing with and about.
Not to mention that, at $12 from Mises, it’s very reasonably priced.
I’m certain I’ll have more later, after I get a chance to read it. But it seems exactly the type of book that should be getting more discussion here.
*On hearing this, Andrew Samwick said, “But you two are at opposite ends of the spectrum.” What I Should Have Said then I say now: “I said he was a good teacher. I never said I was a good student.”
It´s good to have diversity…
The question is not who is right, it´s just right to have different opinions…
In evolution, after a catastrophe, when there is greater diversity, recovery is more likely than extinction…
I appreciate your respect of the other side…
Ken, thanks for the very nice plug. Looked at another way, it’s amazing how far you’ve come given the limits of your teachers!
I thought it said, “Designated Hitler.” 😉
I’ve been online too long. 🙁
Let’s stipulate, though, that the various opinions ought to be honest if they are to be afforded respect. (I, too, have been reading on line for too long.)
E.L. –
True to a point. However, opinions of the type: “The New Deal caused and/or prolonged the great depression”; or “the recovery from the ’20-’21 depression refutes Keynseyan economics” (both of which I have seen repeatedly) do not present any valid information content. Thus the debate is debased, rather than enhance.
I guess I should call this “longer kharris.”
Cheers!
JzB
There may be a significant difference between biological diversity and ideational diversity. Our society is certainly ideationally diverse, but that includes those who may be accurately described as psychotic. What value in their thoughts to the rest of the world? Other than to remind the rest of us that we share an ideational stability.