Sol Price and Sam Walton changed retail in the twentieth century. Price changed retail by combining knowledge he assembled from real estate law and the firms he observed to find creative ways to innovate in discount retail. Walton, too combined and redeployed knowledge-in some cases, the...

Sol Price and Sam Walton changed retail in the twentieth century. Price changed retail by combining knowledge he assembled from real estate law and from the firms he observed to find creative ways to innovate in discount retail. Walton too combined and redeployed knowledge—in some cases,...

Part I. Poverty is on the run -- Part II. Enrichment didn't come for the reasons you imagine -- Part III. It came because ideas, ethics, rhetoric, and ideology changed -- Part IV. The causes of the causes were not racial or ancient.

Intro -- Contents -- Preface -- Part I. Poverty Is on the Run -- 1. Liberalism Liberated -- 2. It's the End of the World as They Knew It, and You Should Feel Pretty Good -- 3. Nostalgia and Pessimism Worsen Poverty -- 4. Under Liberalism the Formerly Poor Can Flourish Ethically and Spiritually...

Entrepreneurial innovation encourages economic progress, and an institutional climate that encourages risk taking, rewards success, and weeds out failure is essential to a well-functioning economic system. This essay explores a cluster of path-breaking entrepreneurial innovations with common...

For almost all of history, people were extremely poor. Beginning in the seventeenth century, European countries (and their overseas extensions) began to grow extremely wealthy. Since World War II, enrichment has spread around the world with the “Asian Tigers” of Hong Kong, Singapore, Taiwan,...