Entrepreneurship

The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.

In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.

The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.

Hindered by government in their home country, Chinese entrepreneurs have excelled overseas.

Australia is famous for its laid-back culture and for being founded by convicts from Great Britain. It also should be famous for its embrace of entrepreneurship.

In the name of "protecting workers," progressive legislators put people out of work. For their own good, of course.

"It is surely folly to say that government must socialize all property in order to prevent anyone from stealing property. Yet the reasoning behind abolition of private coinage is the same."

Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.

People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.

"It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires of freedom in people's minds."