Acton Institute Powerblog Archives

Post Tagged 'small business'

What ‘The Profit’ Teaches Us About Ethics and Enterprise

I’ve written before on how television can be a powerful tool for illuminating the deeper significance of daily work and the beauties of basic trade and enterprise. Shows like Dirty Jobs, Shark Tank, Undercover Boss, and Restaurant Impossible have used the medium to this end, and today at The Federalist, I review a new contender in the mix. Continue Reading...

Michael Novak: ‘Capitalism is Lifting the World out of Poverty’

Philosopher and theologian, Michael Novak recently delivered a speech at the Catholic University of America on the vocation of business and Forbes published the transcript. Novak argues that “capitalism is lifting the world out of poverty.” As many Asian and African economies shift from socialist to capitalist, they are seeing enormous economic growth, and small businesses are the force behind these economic gains: Even in developed nations, most jobs are found in small business. Continue Reading...

The Election’s Biggest Losers

Mitt Romney may have lost to Barack Obama but his was not the biggest loss of the election—at least not economically. Despite the millions the GOP spent to elect their candidate, the real economic losers of the 2012 election, as Joel Kotkin explains, are entrepreneurs: The real losers are small business owners, or what might be called the aspirational middle class. Continue Reading...

Valuing Innovation, Not Smallness

Back in February I argued that since bias is inherent in institutions we should encourage the government to be biased toward entrepreneurship and away from corporatism. The result of such a bias would be to favor newer—and presumably smaller—businesses over more established—and presumably larger—ones, thereby reducing the levels of regulatory capture and crony capitalism (at least in theory). Continue Reading...

Let the Hustlers Hustle

My latest for Acton Commentary. I’m also adding a couple of videos from Hotep and the Institute for Justice. Let the Hustlers Hustle By Anthony Bradley If necessity is the mother of invention, then there is nothing worse than quenching the entrepreneurial spirit of people seeking to improve their situation by imposing arbitrary third-party constraints. Continue Reading...

Ranking Small Business & Entrepreneurship

Forbes passes along a ranking of the fifty states (plus the District) on the friendliness of fiscal policy toward small business (HT: The Entrepreneurial Mind), provided by the Small Business & Entrepreneurship Council (PDF). Continue Reading...