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Ludwig von Mises and the Extension
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activity actual agents alertness analysis applied approach argue argument assumption attempts Austrian balance behavior chapter Chicago choice competition concept concerned consider consistent costs course criticism decision definition demand direction discussion distinction economic theory economists effect element entrepreneurial entrepreneurship equilibrium error example exchange existence expectations explain fact function future given Hayek holdings human action ideas ignorance important increase individual interest intervention interventionism issue Kirzner knowledge learning limited logic Ludwig market process means ment merely methodological Mises Mises's Misesian monetary monopoly natural neoclassical Notes observed opportunities particular political position possible predictive present problem production profit question rationality reason result seems sense social subjective subjectivism suggest supply thought tion uncertainty understanding University York