Entrepreneurship is the engine of economic progress, but
mainstream economic models of economic growth tend to leave out the
entrepreneurial elements of the economy. This new book from Randall
Holcombe begins by identifying areas in which evolutionary and
Austrian approaches differ from the academic mainstream literature
on economic growth, before moving on to distinguish growth from
progress.
The author then analyzes economic models of the firm based on
the idea that it is entrepreneurship that drives economic progress.
The book should prove to be a natural successor to recent Routledge
books by Frederic Sautet and David Harper.
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