Israel Kirzner
Encyclopedia
Israel Meir Kirzner (born February 13, 1930) is a leading economist in the Austrian School
Austrian School
The Austrian School of economics is a heterodox school of economic thought. It advocates methodological individualism in interpreting economic developments , the theory that money is non-neutral, the theory that the capital structure of economies consists of heterogeneous goods that have...

.

Early life

The son of a well-known rabbi
Rabbi
In Judaism, a rabbi is a teacher of Torah. This title derives from the Hebrew word רבי , meaning "My Master" , which is the way a student would address a master of Torah...

 and Talmudist, Kirzner was born in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, England and came to the United States via South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

.

Education

After studying with the University of Cape Town
University of Cape Town
The University of Cape Town is a public research university located in Cape Town in the Western Cape province of South Africa. UCT was founded in 1829 as the South African College, and is the oldest university in South Africa and the second oldest extant university in Africa.-History:The roots of...

, South Africa in 1947-48 and with the University of London External Programme
University of London External Programme
The University of London International Programmes is a division of the University of London that manages external study programmes.Several colleges and institutes of the University of London offer degrees through the programme, including Birkbeck, Goldsmiths, Heythrop College, Institute of...

 in 1950-51, Kirzner received his B.A.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...

 summa cum laude from Brooklyn College
Brooklyn College
Brooklyn College is a senior college of the City University of New York, located in Brooklyn, New York, United States.Established in 1930 by the New York City Board of Higher Education, the College had its beginnings as the Downtown Brooklyn branches of Hunter College and the City College of New...

 in 1954, an MBA
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...

 in 1955 and Ph.D.
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...

 from New York University
New York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...

 in 1957 (studying under Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Mises was an Austrian economist, philosopher, and classical liberal who had a significant influence on the modern Libertarian movement and the "Austrian School" of economic thought.-Biography:-Early life:...

).

Economics

Kirzner's major work is in the economics of knowledge and entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...

 and the ethics
Ethics
Ethics, also known as moral philosophy, is a branch of philosophy that addresses questions about morality—that is, concepts such as good and evil, right and wrong, virtue and vice, justice and crime, etc.Major branches of ethics include:...

 of markets. He is emeritus
Emeritus
Emeritus is a post-positive adjective that is used to designate a retired professor, bishop, or other professional or as a title. The female equivalent emerita is also sometimes used.-History:...

 professor of economics at New York University
New York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...

, and he is a leading authority on Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Mises was an Austrian economist, philosopher, and classical liberal who had a significant influence on the modern Libertarian movement and the "Austrian School" of economic thought.-Biography:-Early life:...

' thinking and methodology
Methodology
Methodology is generally a guideline for solving a problem, with specificcomponents such as phases, tasks, methods, techniques and tools . It can be defined also as follows:...

 in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

. Kirzner's research on entrepreneurship economics is also widely recognized. In 2006, Kirzner received the Global Award for Entrepreneurship Research
Global Award for Entrepreneurship Research
Since its inception in 1996 the Global Award for Entrepreneurship Research has become firmly established as the foremost global award for research on entrepreneurship...

 " for developing the economic theory emphasizing the importance of the entrepreneur for economic growth and the functioning of the capitalist process.". Due his contribution to Economic theory, Universidad Francisco Marroquín
Universidad Francisco Marroquín
Universidad Francisco Marroquín is a private, secular, university in Guatemala City, Guatemala. According to the school's website, "the mission of Universidad Francisco Marroquín is to teach and disseminate the ethical, legal and economic principles of a sociey of free and responsible persons."...

 granted him an Honorary Doctorate Degree. UFM also named its Kirzner Entrepreneurship Center in his honor.

Author

Some of his works on economics include:
  • "Entrepreneurial Discovery and The Competitive Market Process: An Austrian Approach," Journal of Economic Literature. (March 1997)
  • The Meaning of Market Process, (Routledge
    Routledge
    Routledge is a British publishing house which has operated under a succession of company names and latterly as an academic imprint. Its origins may be traced back to the 19th-century London bookseller George Routledge...

     1992)
  • Discovery, Capitalism and Distributive Justice, (Basil Blackwell
    Basil Blackwell
    Sir Basil Blackwell was born Henry Blackwell in Oxford, England. He was the son of the founder of Blackwell's bookshop in Oxford, which went on to become the Blackwell's family publishing and bookshop empire, located on Broad Street in central Oxford...

     1989)
  • Discovery and the Capitalist Process, (Chicago, 1985)
  • The Economic Point of View: An Essay in the History of Economic Thought, (Kansas City: Sheed and Ward, Inc., 1976; http://www.mises.org/books/pointofview.pdf)
  • Perception, Opportunity and Profit: Studies in the Theory of Entrepreneurship, (Chicago, 1973)
  • Competition and Entrepreneurship, (Chicago 1973), ISBN 0-226-43776-0.
  • An Essay on Capital, (A.M. Kelley, 1966)
  • Market Theory and the Price System, (Van Nostrand, 1963)

Liberty Fund
Liberty Fund
Liberty Fund, Inc. is a private, educational foundation established and headquartered in Indianapolis, Indiana, USA. It is dedicated to the study of the ideal of a society of free and responsible individuals...

 is currently publishing Israel Kizner's Collected Works in ten volumes under the supervision of Peter Boettke
Peter Boettke
Peter J. Boettke is an American economist of the Austrian School.-Early life and education:Boettke was born in Rahway, New Jersey to Fred and Elinor Boettke and remained there until he moved to Pennsylvania to attend Thiel College in Greenville and later Grove City College. He became interested in...

 and Frederic Sautet. The first volume, The Economic Point of View, came out in December 2009, and the second volume, Market Theory and the Price System, in May 2011. The third volume, Essays on Capital, is scheduled to come out in 2012.

Orthodox Judaism expert

Kirzner is also an ordained Haredi
Haredi Judaism
Haredi or Charedi/Chareidi Judaism is the most conservative form of Orthodox Judaism, often referred to as ultra-Orthodox. A follower of Haredi Judaism is called a Haredi ....

 rabbi and Talmud
Talmud
The Talmud is a central text of mainstream Judaism. It takes the form of a record of rabbinic discussions pertaining to Jewish law, ethics, philosophy, customs and history....

 scholar, and serves as the rabbi of the congregation once headed by his father in Brooklyn, New York. He is one of the most famous disciples of Rabbi Isaac Hutner, the late dean of the Yeshiva Rabbi Chaim Berlin
Yeshiva Rabbi Chaim Berlin
Yeshiva Rabbi Chaim Berlin or Yeshivas Rabbeinu Chaim Berlin, is a Haredi Lithuanian-type yeshiva located in Brooklyn, New York. Established in 1904 as Yeshiva Tiferes Bachurim, it is the oldest yeshiva in Kings County...

, where he studied for many years during the same years he obtained his academic training. Kirzner is an authority on Hutner's writings and is one of the few official editors of all sources that Hutner quotes.

External links

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