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Carl Menger on time and entrepreneurship

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  • Gilles Campagnolo

Abstract

Carl Menger is remembered less for his analysis of entrepreneurship (which in the following analysis refers to his fundamental notions related to the nature of business practice) than for his views on matters like money, individualism or the nature of institutions (there are exceptions to this subdued interest, such as Kirzner 1978). However, these issues are related and a long-debated notion among Austrians, namely time, relates investment, entrepreneurship, uncertainty and Menger’s tentative quasi-anthropology (kept in his notes). This paper conscientiously investigates those issues through Menger’s views on the notion of time.

Suggested Citation

  • Gilles Campagnolo, 2022. "Carl Menger on time and entrepreneurship," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 29(5), pages 817-835, September.
    • Handle: RePEc:taf:eujhet:v:29:y:2022:i:5:p:817-835
    DOI: 10.1080/09672567.2022.2111451
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    References listed on IDEAS

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    1. Kiichiro Yagi, 1993. "Carl Menger's Grundsätze in the Making," History of Political Economy, Duke University Press, vol. 25(4), pages 697-724, Winter.
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    More about this item

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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