The Entrepreneur

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.

Like all other places, Africa has a more nuanced history than what people previously have believed. The continent was not devoid of technology before the advent of colonialism, as there were pockets of inventiveness and small-scale manufacturing.

Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.

People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.