The beauty of the market is that it rewards people for creating value for others. Discover new means of creating value means trying new things, being entrepreneurial, and, yes: failing.
Professor Donald Boudreaux has an excellent piece over at Cafe Hayek, where he rebuts a common argument he’s been hearing lately in support of Donald Trump: Trump has proven time and again he knows his stuff when it comes to economics. He has a personal wealth of $10Billion proving his understanding. Hard to argue with […]