Economies Cannot Produce Wealth without Patience and Long-Term Horizons
People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.
People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.
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.
People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.
Groups targeted by class warriors in America will achieve more if they follow the Igbos’ path and ignore the politics of grievance.
Groups targeted by class warriors in America will achieve more if they follow the Igbos’ path and ignore the politics of grievance.
Groups targeted by class warriors in America will achieve more if they follow the Igbos’ path and ignore the politics of grievance.
Many of the best-known civil rights leaders eschewed entrepreneurship, emphasizing that blacks seek employment in the professions and government jobs.
Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.
When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.