Quarterly Journal of Austrian Economics
Author:
Xavier Méra
Online Publish Date:
Volume 16, No. 1 (Spring 2013) ABSTRACT : The law of association as espoused by David Ricardo and generalized by Ludwig von Mises cannot directly convey what is at stake in exchanges involving specialization in uncertainty bearing. In this article we explain why the entrepreneurial function as conceptualized by Frank Knight and Mises does not fit