Israel M. Kirzner is universally regarded as the most highly regarded living Austrian economist. Born in 1930, Kirzner received his PhD under the supervision of Ludwig von Mises at New York University. He is author of many books on the topics of economic theory, history of economic thought, and policy as it relates to the dynamics of entrepreneurial discovery.
The Foundations of Austrian Economics includes his seminal work introducing the Austrian perspective. They include a detailed analysis of the thinking of his mentor Mises. Many of the remaining essays in this book are from lectures given at the Foundation for Economic Education, an institution to which he has long served as a key adviser. He addresses the mission and role of FEE in these essays.