By Brittany Hunter California may have just passed a death sentence on the gig economy. Late Tuesday night, as many California residents slept in their beds, the state legislature passed a bill that is expected to impact hundreds of thousands of independent contractors across the state. For months now, the state assembly has been debating controversial legislation … [Read more...] about Did California Just Kill the Gig Economy?
Entrepreneurship
What Vexes Small Business More than Taxes and Regulations?
By Jeffrey A. Tucker The latest survey of small business contains a surprise. Or maybe it is not a surprise if you are or know a small business owner. Over the last six years, the concerns of taxes and regulations are being eclipsed by a new number-one concern: the lack of quality in the workforce. Now, what does quality in staffing mean? It could mean skills. In the … [Read more...] about What Vexes Small Business More than Taxes and Regulations?
Why Entrepreneurs Are Different
By Raushan Gross Many people think and talk about competition without a slight feeling of uneasiness. Often, it is only the entrepreneur who feels comfort about competition in the marketplace. Most people do not understand the sense of competitiveness the entrepreneur possesses. The saying goes, “If it ain’t broke, don’t fix it.” Not so for the entrepreneur. In contrast, … [Read more...] about Why Entrepreneurs Are Different
Remote Work: The Right Response to a Labor Market Made Complex by Government
By Chloe Anagnos Remote work has quickly become an alternative to millennials making a living off the gig economy, thanks in part to the growth of websites like Fiverr and the big-data revolution. But as the practice became more popular and companies noticed they could actually benefit from it, many began to either send their employees home or to simply rely more on … [Read more...] about Remote Work: The Right Response to a Labor Market Made Complex by Government
Kids Ordered to Pay Sales Tax at Children’s Expo Receive a Sad Lesson in Entrepreneurship
By Brittany Hunter Twelve-year-old Lucie Wise couldn’t wait to open her own business. On three separate occasions, she had accompanied her mother to the Children’s Entrepreneur Market—an expo of child-run businesses hosted annually by the Utah nonprofit Libertas Institute—dreaming of the day she could set up her own booth and sell her wares to curious passersby. Lucie’s … [Read more...] about Kids Ordered to Pay Sales Tax at Children’s Expo Receive a Sad Lesson in Entrepreneurship
The Coming Whiskey Bubble?
By Matt Kubiak As Austrians we are always looking for evidence to lead us to the next bubble. I think most of us are on high alert after a decade of easy money, stock price inflation, and ever decreasing bond yields. However, identifying the specific bubble sector(s) ahead of time is extremely difficult (unless you are Mark Thornton). This notwithstanding, one industry … [Read more...] about The Coming Whiskey Bubble?
Just When You Think You Own Your Own Private Property…
By Simon Black, Sovereign Man The year was 1967. Ronald Reagan had just become governor of California. Aretha Franklin was belting out R-E-S-P-E-C-T on the radio. Marxist revolutionary leader Che Guevara was captured and executed in Bolivia. And a restaurant chain called The White Spot opened its newest location in Denver, Colorado. It was a popular diner; the White … [Read more...] about Just When You Think You Own Your Own Private Property…
How to Be the CEO of Your Own Career
By Brooke Medina and Doug McCullough Whether you’re a young graduate just starting your career or someone who is feeling the vocational version of the “Seven Year Itch,” the secret to professional development is taking control of the direction of your career. Many young professionals have been taught to ask for permission and seek guidance at every turn. At times this is … [Read more...] about How to Be the CEO of Your Own Career
The High Cost of Occupational Licensing
By Antony Sammeroff One of the most fundamental things about economics — which many people who are passionate about politics do not understand — is that the economy is not like a chess board where you can move one piece with deterministic and predictable consequences. On the contrary, an economy is an intricate fabric of interrelated institutions and actors all of whom act … [Read more...] about The High Cost of Occupational Licensing
How One Entrepreneur Is Waging War on Poverty in Africa
By Brittany Hunter Behind every successful entrepreneur is a cause or passion that pushes them to persevere even though the toughest situations. For Richard Branson, his desire to create a more reliable and affordable air travel experience for consumers helped him navigate the exhaustive regulatory hurdles that stood in the way of creating Virgin Airlines. For Dr. Devi … [Read more...] about How One Entrepreneur Is Waging War on Poverty in Africa
Per Bylund on the Entrepreneurial Opportunity of B2B versus B2C
By Hunter Hastings and Per Bylund Dr. Bylund observes that students, when selecting entrepreneurial projects for his course, lean heavily towards consumer products and services. Does this represent smart entrepreneurial thinking, or not? Is it biased by (lack of) marketplace experience? Is it biased by media reporting and “buzz”? And what can practicing entrepreneurs … [Read more...] about Per Bylund on the Entrepreneurial Opportunity of B2B versus B2C
There Is No Government Shortcut for Entrepreneurial Success
By Brooke Medina and Doug McCullough Senator Elizabeth Warren is right that the path to wealth is through entrepreneurship. The senator recently released her “Leveling the Playing Field for Entrepreneurs” plan, a proposal that claims to help minorities who are starting businesses. This plan comes on the tails of her indignation toward wealthy Americans, referring to them … [Read more...] about There Is No Government Shortcut for Entrepreneurial Success