Culture and Economic Action
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Culture and Economic Action

Edited by Laura E. Grube and Virgil Henry Storr

This edited volume, a collection of both theoretical essays and empirical studies, presents an Austrian economics perspective on the role of culture in economic action. The authors illustrate that culture cannot be separated from economic action, but that it is in fact part of all decision-making.
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Chapter 3: The discovery and interpretation of profit opportunities: culture and the Kirznerian entrepreneur

Don Lavoie

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3. The discovery and interpretation of profit opportunities: culture and the Kirznerian entrepreneur* Don Lavoie It is beginning to be evident that the vast literature on growth and development conceals a yawning gap. This void refers to an under...

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