Peter Klein’s _The Capitalist and the Entrepreneur_

Klein’s new book on entrepreneurship and the theory of the firm is open-source and available for reading or download on the web (or buy it here). The book is rich with insights from Hayek on competition, production theory, and many other topics, and includes a special section outlining the highlights of Hayek’s career as an . . . → Read More: Peter Klein’s _The Capitalist and the Entrepreneur_

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[Socialists suffer from] the synoptic delusion .. the fiction that all the relevant facts are known to some one mind, and that it is possible to construct from this knowledge of the particulars a desirable social order. — F. A. Hayek

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