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Economic PolicySocialismWorld HistoryEntrepreneurship
In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.
StrategyTaxes and SpendingEntrepreneurship
The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.
The EntrepreneurWorld HistoryEntrepreneurship
Hindered by government in their home country, Chinese entrepreneurs have excelled overseas.
Free MarketsWorld HistoryEntrepreneurship
Australia is famous for its laid-back culture and for being founded by convicts from Great Britain. It also should be famous for its embrace of entrepreneurship.
Bureaucracy and RegulationCronyism and CorporatismLawEntrepreneurship
In the name of "protecting workers," progressive legislators put people out of work. For their own good, of course.
The EntrepreneurGlobal EconomyEntrepreneurship
Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.
Economic FreedomFree MarketsEntrepreneurship
People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.
Many of the best-known civil rights leaders eschewed entrepreneurship, emphasizing that blacks seek employment in the professions and government jobs.
Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.
Modern portfolio theory, while popular with many economists, runs into serious problems when examined through the lens of Austrian economics