The Entrepreneur

When Mises noted that a manager is a "junior partner" of the entrepreneur, he did not mean to downplay the role of management in the economy.

Big firms that dominate the marketplace have never had much of a problem with government regulations that keep new competitors from springing up.

Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.

Frederic Tudor solved the problems of transporting large amounts of ice over long distances and introducing the citizens of Calcutta to their first taste of ice cream.