In this archived episode of Hayek Program Podcast, Distinguished New York University Professor Emeritus Israel M. Kirzner was honored with a Lifetime Achievement Award from the Fund for the Study of Spontaneous Order for his pioneering work on the theory of the entrepreneurial market process. The event was chaired by Mario Rizzo, Associate Professor of Economics at New York University, and featured comments from Peter Boettke, Director of the F. A. Hayek Program and Professor of Economics at George Mason University, Peter Klein, W. W. Caruth Chair and Professor of Entrepreneurship at Baylor University’s Hankamer School of Business, and Donald Boudreaux, Senior Fellow with the F.A. Hayek Program and Professor of Economics at George Mason University.