Why Schumpeter was pessimistic about the survival of capitalism.
read more...Four tweets that illustrate the power of creative destruction.
read more...Taking a look at how various states rank based on whether they are good places to create a small business.
read more...The damage is worst on younger firms.
read more...A formula for poverty.
read more...4 things to know.
read more...A great two-part series helps understand the critical role of entrepreneurship.
read more...Why are some nations rich and other nations poor? What has enabled some nations to escape poverty while others continue to languish? And if we want to help poor nations prosper, what’s the right recipe? Since I’m a public finance economist, I’m tempted to say a flat tax and small government are an elixir for prosperity, but those policies […]
read more...On my recent trip to Colorado, I had dinner with Congressman Jared Polis, a Democrat from Boulder. He’s not exactly a small-government conservative, but he understands the importance of low marginal tax rates, free trade, and other important economic principles (whether he votes the right way is a separate question, of course, so I’m curious […]
read more...Kevin Hassett and Alan VIard of the American Enterprise Institute have a column in the Wall Street Journal showing how Obama’s proposed tax hikes will impose significant harm on small business owners and other entrepreneurs. Higher tax rates are damaging for the obvious reason that business cash flow gets diverted to the IRS, but also because […]
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