New post that could be of interest to BHC members
November 2nd, 2021
Ronald Reagan and the Myth of the Self-Made Entrepreneur
by Steven K. Vogel, for The Economic Historian.
President Ronald Reagan (1981-89) heralded entrepreneurs as capitalist heroes, yet for the most part the policies his administration promoted did not help real-life entrepreneurs, including both small business owners in traditional sectors and venture founders in high technology. The Reagan administration officials’ neoliberal ideology impaired their ability to promote entrepreneurship because they viewed support for entrepreneurs primarily in negative terms as the removal of government tax and regulatory burdens rather than in positive terms as the cultivation of a dynamic market infrastructure. More, here.