The fact that the state hands out money to entrepreneurs like Elon Musk is a problem that is best solved by focusing our ire not on people like Musk — but on the state itself.
Practice and theory are often seen as being distinct and in conflict with each other. But, hands-on entrepreneurs can learn a lot from economic theory.
Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.
