Entrepreneurs want to start and grow businesses, to hire employees, and to provide valuable services to their customers. This article, About Taxes and Entrepreneurship, from the Policy Forum Blog discusses how the federal budget and taxation can impact entrepreneurs as they try to create successful businesses.
In Hurricane Irene and Walmart’s Staff Meteorologist, from the Mercatus Center at George Mason University, Eileen Norcross discusses economist Steven Horwitz’s assertion that the private sector was able to handle Hurricane Katrina more adeptly and more quickly than FEMA.
The article link’s to the Center for Ethics and Entrepreneurship’s interview of Horwitz on this very issue.
Chief Executive surveyed 550 CEOs, asking them to rank each state in the U.S. based on taxation and regulations, workforce quality, and living environment.
Rockford College students can see the new Atlas Shrugged movie on Saturday, May 7 at 7:15 PM for free, courtesy of the Center for Ethics and Entrepreneurship. We are only covering the tickets, not concessions or transportation.
The film is playing at Wildwood Theaters in Janesville, Wisconsin.
Please arrive by 7:00. Look for Professor Stephen Hicks or Professor Shawn Klein.
Click here to see the theater’s location and to get directions.
A Kauffman Foundation report, “The Grass is Indeed Greener in India and China for Returnee Entrepreneurs,” concludes that Indian and Chinese students in America are more likely to return home to pursue their career goals as those economies improve. “Most returnees now say the entrepreneurial advantages are better in their home countries, where they can benefit from lower operating costs, heightened professional recognition, greater access to local markets and a better quality of life than they could attain in the United States,” the report states. While this “reverse brain drain” will impact entrepreneurship in America, as many entrepreneurs are Chinese and Indian immigrants, most returnees still maintain their American contacts, which could create more international business opportunities.
Eduardo Marty is the Founder of Junior Achievement Argentina, an educational outreach program. Students in JA are taught how to prepare a business plan and raise funds. Approximately 50,000 students per year across Argentina participate. Marty has also held academic posts as professor at the University Francisco Marroquín, Guatemala, and the University of Buenos Aires. He was the host of Buenos Aires’s major television talk show Boom—Politics and Economics. We met with Mr. Marty in Buenos Aires to talk about his business education programs for young people and the state of entrepreneurship in South America.
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Kaizen: Where did you grow up in Argentina?
Marty: In Buenos Aires. I went to elementary and high school here and the University too.
Kaizen: Before university, what was your education like?
Marty: Well, I went to school called National Buenos Aires. That’s the oldest high school in Buenos Aires, created in 1770. It’s a public school, but it’s a very prestigious one. It was the first school in Buenos Aires. To enter, you need to pass a very tough test once you finish elementary school. From five students submitting and applying—they accept just one. Our education is divided into elementary school and then secondary school. When I was in sixth grade I tried to pass the exam and I did it, so I was one year younger than the rest.
The Jewish community attends that school a lot. It is a very intellectual community here in Buenos Aires. By the way, you know that after New York Buenos Aires has the second largest Jewish community in the hemisphere.
Dr. Stephen Hicks, CEE’s executive director, talks with economist David R. Henderson on seven myths about free markets.
Colombia may be associated with violence and drugs in popular culture, but it has recently been strengthening its entrepreneurial base, says the Kauffman Foundation’s Policy Forum Blog. The Colombian government has been removing barriers to starting businesses, educational institutions have been adding more entrepreneurship courses and programs, more business incubators are cropping up, and there is an increased focus on entrepreneurship in the media. Certainly there are still problems with drugs and violence, creating a chaotic environment that discourages many potential entrepreneurs. Nonetheless, some entrepreneurs have found creative ways to respond, such as a company that produces bullet-proof underwear.
Read more at the Policy Forum Blog.
Norm Augustine believes that America is falling behind other countries like China and India in technological innovation. This is because our culture portrays engineers and scientists as nerds rather than venerating them, because our educational system deemphasizes science and math, and because we don’t invest enough in long-term basic research. “Despite what many Americans believe,” he writes, “our nation does not possess an innate knack for greatness. Greatness must be worked for and won by each new generation.”
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Read our Kaizen interview with Judy Estrin, in which she covers similar themes.
In our latest issue of Kaizen we feature an interview with Eduardo Marty, Founder of Junior Achievement Argentina and former host of Buenos Aires’s major television talk show Boom—Politics and Economics.
Also featured in Kaizen are student essay contest winners Kathleen Simmert, Nathaniel Branch, and Amelia Franceso, and guest speaker Nimish Adhia.
A PDF version of Kaizen is available here. We will soon post separately the full interview with Mr. Marty.
If you would like to receive a complimentary issue of the print version of Kaizen, please email your name and postal address to CEE [at] Rockford.edu.
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