|

The Austrian Economist Who Should Have Received Nobel Prize

by Richard Ebelling On October 13th, the 2014 Nobel Prize […]

Image by © Dreamstime

Image by © Dreamstime

by Richard Ebelling

On October 13th, the 2014 Nobel Prize in Economics was announced in Stockholm, Sweden, with French economist, Jean Tirole, the recipient for his work on developing models to better assist governments in regulating private enterprise.

A couple of weeks earlier, Reuters news agency had reported that the Austrian School economist, Israel M. Kirzner, was on the short list for consideration. In the eyes of many free market advocates, he would have been the far more deserving recipient for his insightful and original work on the nature and workings of entrepreneurship and the market process.

Continue reading…..

Author

The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.

Do you like the article?

We are glad you do! Please consider donating if you want to read more articles like this one.

Related

Share this article!
Join our community and stay updated!