Aug
27
Great article in this mornings Wall Street Journal about Americas love/hate with economics. The article was written by Stephen Moore. Here is an interesting quote regarding entrepreneurs:
Consumers lined up for blocks to buy things in empty stores in communist Russia, but that never sparked production. In macroeconomics today, there is a fatal disregard for the heroes of the economy: the entrepreneur, the risk-taker, the one who innovates and creates the things we want to buy. All economic problems are about removing impediments to supply, not demand, Arthur Laffer reminds us.
You can read the entire article here.
