For Now, Innovation and Entrepreneurship Still Holds a High Place in the USA
Despite worries that foreign "competitors" will surpass economic production in the United States, innovation and entrepreneurship are still important here. For now.
Despite worries that foreign "competitors" will surpass economic production in the United States, innovation and entrepreneurship are still important here. For now.
Dr. Peter Klein joins Jeff and Bob to explain the huge disconnect between supply and demand for labor in post-COVID America.
Progressives claim that poor nations are that way because wealthy nations exploit them through the capitalist system. Cultural institutions, it turns out, are the most important indicators of wealth and poverty.
Despite worries that foreign "competitors" will surpass economic production in the United States, innovation and entrepreneurship are still important here. For now.
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7, 2022.
Learning economics is fundamentally about gaining economic literacy so we can better understand the world we are part of. The real world, not the invented world we find in formalized models.
While historians paint the enclosure movement in negative terms, it actually played an important role in developing agricultural entrepreneurship.
Before Steve Jobs and the iPhone, there was Malcolm McLean, inventor of the shipping container. McLean made the iPhone—and many other things—possible.
Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.
Patents lack a basis in natural rights; to the contrary, they may be a patent absurdity.