Speculators are reviled in the media and by politicians and academics. Yet the speculators are the ones taking risks to ensure the rest of us can have more economic certainty.
While rain at an outdoor concert is a nuisance for most attendees, a few entrepreneurs saw not "pennies from heaven," but dollars.
Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success?
While rain at an outdoor concert is a nuisance for most attendees, a few entrepreneurs saw not "pennies from heaven," but dollars.
While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology.
Calls for black consumers to "Buy Black" can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in a free market.
Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success?
Bud Light executives thought customers wanted the beer to partner with a "transgender" celebrity. Or executives simply didn't care what customers thought. In any case, executives are now paying the price.
While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.
