Fritz Redlich and the entrepreneur as God and demon
Abstract
This work recovers the contribution of Fritz Redlich (1892-1978) to the economic
thought. Redlich wrote important works in the disciplines of economic history, entrepreneurship
and business history. Amongst Redlich’s main ideas on the entrepreneur there is
his distinction among different types of entrepreneurs. Redlich was also one of the first authors
to analyze the structural problems of entrepreneurial action, proposing the idea of “demonic
entrepreneur”, in which the accumulation of power caused by the entrepreneurial activity
destroys the innovative spirit of the system, turning the entrepreneur into an enemy of
society.
JEL Classification: B25; L26; N01.
Keywords: Fritz Redlich entrepreneurship critical entrepreneurship studies business history