We need entrepreneurs to decide what to do.The only alternative is governmental bureaucracy, which is good for national defense and a few other things, but very bad at most of what we do, from room rental to rock music. The entrepreneuseonly succeeds if people like what she does, and agree voluntarily to pay for it. A free society is one of choice. Entrepreneurs give choice, bureaucrats crush it.
Deirdre Nansen McCloskey, “Why We Need to Admire Entrepreneurs”, Peace Love Liberty, 2018-09.
September 24, 2018
QotD: Entrepreneurs
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