Israel Kirzner on Ethics and Entrepreneurship

[@thiebautjoel]

I recommend listening in 1.25x speed, you'll save time.

[@xit1254]

Absolutely fascinating lecture! I’m a lot less ignorant than I was before I listened.

[@ecarlseen]

One thing I would note on his first Q&A response to entrepreneurial profits vs. entrepreneurial losses is that most entrepreneurs fail several times before they succeed. These failures are necessarily limited by either early recognition that they are not working, or capital constraints (running out of money). Successes, on the other hand, continue running up profits for a far longer (sometimes never-ending) time period - success sustains itself, failure does not.

[@therealrealist67]

Wow. I this video blew my mind in so many ways. Thank you!!

[@ecarlseen]

"failure does not" - I should add, except when it's government-subsidized.

[@theGuilherme36]

Kirzner is a genius!

[@АлександрРусаков-в4с]

Jackson Margaret Lee Betty Brown Eric

[@PrivateAckbar]

His manner reminds me of a David Harvey or Noam Chomsky. He doesn't intimate knowledge like Rothbard or Ron Paul.

[@Mr490051]

Transcripts are very hilarious and at the end of 72.02 it want to kill the puppies.. ;)

[@jebremocampo9194]

1:06:56 girl was basically describing the age of internet. She was leaps and bounds ahead of her time

[@jebremocampo9194]

1:06:56 girl was basically describing the age of internet. She was leaps and bounds ahead of her time