Joseph Schumpeter famously predicted that capitalist society would be destroyed by its own success, and the recent student protests around the US are a sign he may have been right.
Without freedom in ideas and the profit motive, entrepreneurs will be unable and unwilling to spread the benefits of science across the globe, and countless advances will be doomed to obscurity, when they could be used to improve human life.
It’s a great time to be studying entrepreneurship. Today as never before entrepreneurs are confronted with “grand challenges” both in the marketplace and society more broadly. And despite constant efforts to stifle...
