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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Abstraction is not something which the mind produces by processes of logic from its perception of reality, but rather a property of categories with which it operates – not a product of the mind but rather what constitutes the mind. — F. A. Hayek

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