Entrepreneurship

Other Report

Smart Countries, Foolish Choices

Authors: Amity Shlaes and Gaurav Tiwari

Intuition tells us that oil-rich countries are not friendly to the United States, and that entreprenurial—or “smart”—countries are not endowed with oil. In this Center for Geoeconomic Studies Working Paper, the authors find a triangular relationship between oil wealth, entrepreneurial spirit, and friendliness to the United States. They confirm the idea that “oily” countries are not U.S.-friendly, in contrast to smart countries, which are friendly to the United States and do not have oil. The authors conclude that it is in the U.S. interest to support education and economic diversification in petro-states so those states can become more entrepreneurial and friendly.

See more in Oil; Entrepreneurship; Global

Event

Good Capitalism, Bad Capitalism: And the Economics of Growth and Prosperity

In their new book, authors Robert Litan and Carl Schramm document four different varieties of capitalism, some good and some bad for growth.  They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for the United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world.

12:15 – 1:00 p.m. Lunch
1:00 – 2:00 p.m. Meeting

This meeting is cosponsored by the Maurice R. Greenberg Center for Geoeconomic Studies.

See more in Entrepreneurship; Economic Development; Global