Discussions of Why Economics Matters to Entrepreneurs Entrepreneurship is seeing some great popularity at universities these days. The concept of entrepreneurship has been in our modern society for thousands of years and in the history of economic study. But we somehow delegate the subject and learning of economics to the academics and policy makers. Almost never are the two subjects
Read moreEntrepreneurs + Risk Capital + Low Taxes = Economic Growth For nearly every entrepreneur, access to private equity capital, or risk capital, is a key ingredient to successful business growth. For a business to grow it needs to be nurtured in an environment that supports entrepreneurial capitalism. “Capital is like oil; it’s stored energy. It’s the fruits of someone else’s
Read moreThe U.S. currently ranks a disappointing 17th on the Heritage Foundation’s Index of Economic Freedom. That’s down from 6th when President Obama took office in 2009. The Heritage Foundation has been publishing this index since 1995. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals
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India is coming alive and flourishing economically. In fact, Citigroup estimates that by 2050, it will have the world’s largest economy, larger than China and the United States. For many centuries, only the politically connected and elite prospered in India, while the rest of the population lived in poverty. However, since 1991, 250 million people have been lifted out of
Read moreOccupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of the People’s Republic of China on 1 July 1997.
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