All Posts Tagged With: "entrepreneurs"

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Andrew Mellon: The Entrepreneur as Politician

Rarely do spectacular entrepreneurs leave their realm of business for the political arena. One exception is Andrew Mellon, the third-wealthiest American of his era, who left a dazzling career in American industry to become secretary of treasury under Presidents Warren Harding, Calvin Coolidge, and Herbert Hoover. Mellon established his career in Pittsburgh as a successful [...]

1Dec2008 | Burton W. Folsom Jr. | 4 comments | Continued

Colossus: How the Corporation Changed America

The American boy of 1854,” Henry Adams observed, “stood nearer to the year 1 than the year 1900.” A major reason was the development of the corporation and the rise of the United States to a world power during the late 1800s. In Colossus, editor Jack Beatty, as his book’s subtitle suggests, looks at “how [...]

1Sep2002 | Burton W. Folsom Jr. | 0 comments | Continued

Education, Creativity, and Prosperity: East versus West

Christopher Lingle is a visiting professor of economics at ESEADE, Universidad Francisco Marroquín. It is widely believed that a commitment to education is a key element in the “miracle” economic growth experienced in much of East Asia over the past several decades. For example, the introduction of universal primary schooling in Japan is presumed to [...]

1Mar2001 | Christopher Lingle | 1 comment | Continued

Arrogant Antitrusters

Here’s a quiz. I’ll first give you background facts, then ask you a question. Please answer “yes” or “no.” Facts: I have no experience in, or knowledge about, running a dry-cleaning establishment. I’m an economist who has spent his career teaching economics. My only experience with dry-cleaning firms is that I use them to clean [...]

1Aug1998 | Donald J. Boudreaux | 1 comment | Continued

The Entrepreneur on the Heroic Journey

Ms. Allen is a teacher-on-special-assignment in the Education Alliance of Pueblo, Colorado. Dr. Lee is Ramsey Professor of Economics at the University of Georgia. What do you want to be when you grow up? was a question that adults regularly posed to all of us when we were young. Generally, even as children, we imagined [...]

1Apr1997 | and and Candace Allen | 1 comment | Continued

Learn to Earn

Philip Murray is an associate professor of economics at Webber College in Babson Park, Florida. If anyone doesn’t know U.S. economic history or how exciting business can be, wait until this book makes its mark. Although Peter Lynch and John Rothchild direct this book to a young audience, older readers will also find several worthwhile [...]

1Nov1996 | Philip R. Murray | 0 comments | Continued

The Graduated Gadinkus Tax

Dr. Harper is a member of the staff of the Foundation for Economic Education. It was New Year’s Day and Alonzo Brown had a headache. Not because he had imbibed too much, for he was a teetotaler. His head ached because he was making out his federal income tax return. The further he figured, the [...]

1Mar1956 | F. A. Harper | 0 comments | Continued

The Birth Of A Capitalist

Dean Russell is a member of the staff of the Foundation for Economic Education. When the new superintendent came to the orphanage where I was reared, he found that we kids were not allowed to earn or have any spending money. So one of the first things he did was to tell us that if [...]

1Sep1955 | Dean Russell | 0 comments | Continued

Inequality of Wealth and Incomes

Where there is a lower degree of inequality in wealth, there is also a lower average standard of living The Market Economy—capitalism—is based on private ownership of the material means of production and private entrepreneurship. The consumers by their buying or abstention from buying ultimately determine what should be produced and in what quantity and [...]

1May1955 | Ludwig von Mises | 0 comments | Continued

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