Day: July 19, 2024

person holding clear glass jar with green plant
Insights into Regulation

Entrepreneurship as human capital

Entrepreneurship is something of a ‘ghost in the machine’ so far as most economic theorising is concerned.  It’s widely mentioned and tends to be encouraged by politicians, but detailed analysis of the concept is largely missing from standard economics.  So, we ask:   what is its nature, why is it important, and what (very briefly) might be done to encourage it?

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