{"product_id":"9781614872528","title":"Market Theory and the Price System","description":"The second volume in Liberty Fund's The Collected Works of Israel M. Kirzner series, \u003cb\u003e\u003ci\u003eMarket Theory and the Price System\u003c\/i\u003e \u003c\/b\u003ewas published in 1963 as Kirzner's first (and only) textbook. This volume presents an integrated view of Austrian price theory. The basic aim of \u003cb\u003e\u003ci\u003eMarket Theory \u003c\/i\u003e\u003c\/b\u003eis to utilize the tools of economic reasoning to explain the market process. The unique framework Kirzner develops for microeconomic analysis, following Mises and Hayek, examines errors in decision-making, entrepreneurial profit, and competition as a process of discovery and learning.\u003cbr\u003e\u003cbr\u003e\u003cb\u003ePeter J. Boettke \u003c\/b\u003eis the BB\u0026amp;T Professor for the Study of Capitalism at the Mercatus Center and a University Professor of economics at George Mason University. Since 1988 he has been the editor of the \u003ci\u003eReview of Austrian Economics\u003c\/i\u003e.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eFrédéric Sautet \u003c\/b\u003eis a Senior Research Fellow at the Mercatus Center and a member of the graduate faculty at George Mason University.","brand":"Liberty Fund, Incorporated","offers":[{"title":"Default Title","offer_id":47151684387056,"sku":"9781614872528","price":9.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781614872528_p0.jpg?v=1763850265","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781614872528","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}