
A Few Thoughts on the Role of the Entrepreneur
Cato Podcast
00:00
The Contradiction in the Left's Understanding of Entrepreneurship
On the left, it's true that they depend on the market. They go to the market and then they do expect there to be a milk bottle they can buy. And they don't regard it as the miracle that we liberals think it is. We liberals in the European sense in the whole sense think it’s the miracle of markets. On the left, they think the thing to do every time there's any kind of worry in the financial system, add more regulation. The same is true of the medical system of the U.S., which is a pile of astounding monopolies one after another piled on top of each other.
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