By Michael Munger Economists love markets. Markets tell us what to do, in efficient, decentralized ways, through the signals conveyed by prices. Prices tell you how much someone else values the thing you are considering using, even if you don’t know who that person is. But one economist, Ronald H. Coase, had an annoying question, way back in the 1930s. His question was … [Read more...] about Why Do You Have a Boss?
Entrepreneurship
How Bringing Joy to Work Can Improve Your Life (and Save You From Burnout)
By Brooke Medina and Doug McCullough Professional success and entrepreneurship can be rewarding, but they have their limitations. Joy and ultimate meaning are too often viewed as byproducts of landing that dream job or reaching a certain income. But instead of expecting our work life to dictate our outlook, we need to flip the script. By choosing to begin each workday with a … [Read more...] about How Bringing Joy to Work Can Improve Your Life (and Save You From Burnout)
How Regulation Wrecks Innovation
By Adam Thierer Even in an age of hyper-partisanship, people still like a good underdog story and few are better than the small start-ups taking on the giants of industry. Entrepreneurialism helps create jobs, innovations, and other economic and social opportunities. It’s a story everyone can get behind. Everybody, that is, except the incumbents and their political … [Read more...] about How Regulation Wrecks Innovation
S.B. Fuller: The Forgotten History of a Legendary Black American Entrepreneur
By Brian Miller In the days before President Lyndon Baines Johnson, black Republicans were a thing. And chief among them was Samuel B. Fuller. Fuller was a black American entrepreneur in the mid-Century United States. More than just an entrepreneur, he also gave back to the black community by providing both inspirational speeches as well as nuts-and-bolts training at a time … [Read more...] about S.B. Fuller: The Forgotten History of a Legendary Black American Entrepreneur
5 Ways to Address Millennial Pessimism about Capitalism
By Doug McCullough and Brooke Medina Polls suggesting that millennials have a favorable view of socialism are well publicized. Less known are polls showing that 90 percent of millennials have a positive view of entrepreneurship, and 58 percent of millennial respondents believe they are more entrepreneurial than previous generations. So far, though, millennials have not been … [Read more...] about 5 Ways to Address Millennial Pessimism about Capitalism