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Entrepreneurship, Austrian Economics, and the Quarrel Between Philosophy and Poetry

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Abstract

I consider whether entrepreneurship is a distinct category within economic theory. More generally, I consider the links between discussions of entrepreneurship and philosophic debates over the nature of the aesthetic. For instance, Kant's attempt to elevate the category of the aesthetic has much in common with Kirzner's attempt to elevate the concept of the entrepreneur. Shackle's theory of choice refers very directly to the notion of the aesthetic. Theories of the aesthetic and theories of the entrepreneur have common strengths and weaknesses.

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Cowen, T. Entrepreneurship, Austrian Economics, and the Quarrel Between Philosophy and Poetry. The Review of Austrian Economics 16, 5–23 (2003). https://doi.org/10.1023/A:1022958406273

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