All Commentary
Thursday, June 10, 2010

The Meaning of Competition


Prof. Kirzner discusses markets and competition by challenging the “standard” view of competition. Competition in economics is exactly the opposite of what competition is in the ordinary world.


  • Tsvetelin Tsonevski the Director of Student Programs at The Independent Institute. He is formerly the director of academic affairs at FEE. He holds an LL.M. degree in Law and Economics from George Mason School of Law.