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Where are the Household Entrepreneurs?
Glancing through the CBO survey that only checked one side of the ledger, and therefore made Greg Mankiw happy, I came across the data on Corporate Taxes paid, by Quintile of Income. Now, there has...
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Conclusion to my Kauffman Institute Presentation
Note: This is “what I believe I said,” not“what I would have said” and is presented here solely to document the confluences that were, perhaps, clearer in my head than they were in the presentation...
View ArticleOpower…this is your profile
The Washington Post reports on an interesting development. If people aren’t able to “see” how they personally fit in to the ‘economy’ or ‘carbon footprint’ in a real way, they often ignore the...
View ArticleInfrastructure and Human Capital Interlude
Busy week, so just a couple of things of note. Via Dr. Black, my old neighborhood gets a chance to build a better future: “It’s a great partnership among a number of researchers from academia, the...
View ArticleWhat Will We Tell the Doctors?
“The practice of medicine was accepted to be a chancy way to make a living, and nobody expected a doctor to get rich, least of all the doctors themselves.” – Lewis Thomas, The Youngest Science, p. 4...
View ArticleEconomists:Entrepreneurs::Blind Men:Interior Decorators
As part of my continuing series of Analogies that Should Be on the SAT, this is what Famous Entrepreneurs do (h/t Brad DeLong): In the IBM PC era, Steve drove innovation forward with the Macintosh....
View ArticleCleveland = The New India?
My Economics Professor in MBA School, Peter Klein, lectured fondly of the Indian (as in subcontinent, not AmerInd) “entrepreneurs” who risked life and limb going through rubbish heaps looking for scrap...
View ArticleObama Bucket Shop act
Yves Smith points us to information on our notions of new business and venture capital: Amar Bhide, who has written the classic, The Origin and Evolution of New Businesses, has decisively debunked the...
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