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Textbook Entrepreneurship: Comment on Johansson


  • William J. Baumol


I can only applaud Dan Johansson's excellent and highly illuminating article (Johansson 2004). I have already and repeatedly joined other voices in noting the virtual expulsion of the entrepreneur from the contemporary mainstream literature of economics. I have also joined the call for the restoration of the entrepreneurs’ place in theory, given the fact that no one seems to deny their importance for the workings of the free-market economy in general and for its growth and innovation in particular. Johansson’s systematic review of the postgraduate textbook literature underscores these concerns.

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  • William J. Baumol, 2006. "Textbook Entrepreneurship: Comment on Johansson," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 133-136, January.
  • Handle: RePEc:ejw:journl:v:3:y:2006:i:1:p:133-136

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    References listed on IDEAS

    1. Sumner J. La Croix & James Mak & Walter Miklius, 1991. "Evaluation of Alternative Arrangements for the Provision of Airport Taxi Service," Working Papers 199110, University of Hawaii at Manoa, Department of Economics.
    2. De Vany, Arthur S, 1975. "Capacity Utilization under Alternative Regulatory Restraints: An Analysis of Taxi Markets," Journal of Political Economy, University of Chicago Press, vol. 83(1), pages 83-94, February.
    3. Sean D. Barrett, 2003. "Regulatory Capture, Property Rights And Taxi Deregulation: A Case Study," Economic Affairs, Wiley Blackwell, vol. 23(4), pages 34-40, December.
    4. Flath, David, 2006. "Taxicab regulation in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 20(2), pages 288-304, June.
    5. Yang, Hai & Wong, S. C. & Wong, K. I., 2002. "Demand-supply equilibrium of taxi services in a network under competition and regulation," Transportation Research Part B: Methodological, Elsevier, vol. 36(9), pages 799-819, November.
    6. Kitch, Edmund W & Isaacson, Marc & Kasper, Daniel, 1971. "The Regulation of Taxicabs in Chicago," Journal of Law and Economics, University of Chicago Press, vol. 14(2), pages 285-350, October.
    7. Cairns, Robert D. & Liston-Heyes, Catherine, 1996. "Competition and regulation in the taxi industry," Journal of Public Economics, Elsevier, vol. 59(1), pages 1-15, January.
    8. Yang, Hai & Ye, Min & Tang, Wilson H. & Wong, S.C., 2005. "Regulating taxi services in the presence of congestion externality," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(1), pages 17-40, January.
    9. Daniel Flores-Guri, 2005. "Local Exclusive Cruising Regulation and Efficiency in Taxicab Markets," Journal of Transport Economics and Policy, University of Bath, vol. 39(2), pages 155-166, May.
    10. P S Morrison, 1997. "Restructuring effects of deregulation: the case of the New Zealand taxi industry," Environment and Planning A, Pion Ltd, London, vol. 29(5), pages 913-928, May.
    11. P S Morrison, 1997. "Restructuring Effects of Deregulation: The Case of the New Zealand Taxi Industry," Environment and Planning A, , vol. 29(5), pages 913-928, May.
    12. Beesley, Michael E & Glaister, Stephen G, 1983. "Information for Regulating: The Case of Taxis," Economic Journal, Royal Economic Society, vol. 93(371), pages 594-615, September.
    13. Bruce Schaller, 1999. "Elasticities for taxicab fares and service availability," Transportation, Springer, vol. 26(3), pages 283-297, August.
    14. Arnott, Richard, 1996. "Taxi Travel Should Be Subsidized," Journal of Urban Economics, Elsevier, vol. 40(3), pages 316-333, November.
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