Austrian Economics

How to Foster Entrepreneurship in Canada: The Teachings of the Austrian School of Economics

Everyone claims to favour entrepreneurship, but politicians routinely propose various programs to help entrepreneurs, when they should instead concentrate on getting rid of policies that discourage them. Indeed, the empirical literature shows that interventionist policies are detrimental to entrepreneurship. The Austrian School of Economics has much to teach us about the kinds of policies that truly encourage entrepreneurship and wealth creation, and thus how to improve public policies in Canada.

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