Entrepreneurship, Innovation, and Job Creation

The contentious presidential campaign and other events in 2020 have thrown us back to the drawing board, so to speak, by rekindling an ideological battle between different systems like capitalism and socialism. Even though some people (usually of the “very online”...

Across the country, it is taken for granted that just a few taps on a smartphone can get you just about anywhere you want to go. Ride-sharing apps like Uber and Lyft have revolutionized urban transportation and it’s easy to forget that this convenience didn’t exist even just 10 years ago.

Back in March, as the COVID-19 pandemic was picking up steam in the United States, I highlighted the role that human ingenuity would play in fighting the pandemic. I suggested that we should trust the private sector and its millions of innovators. Eventually, I argued, human agency would prevail.

For months, the COVID-19 pandemic has upended daily life and inflicted enormous human and economic costs. However, amid this unprecedented challenge, there have been a few bright spots worth highlighting, from neighbors volunteering to help one another to local organizations stepping up to meet the needs of their community.

During our public health crisis, Americans have heard again and again that things will never go back to normal.

For centuries, a sense of purpose has guided entrepreneurs as one of the main motivators in business.

Before a global pandemic captured the nation’s attention, the issue of social mobility was front and center. Upon conceding to Joe Biden, Vermont Sen. Bernie Sanders claimed his efforts to reduce income inequality were winning the “ideological debate.”

This article was originally published on Medium. As governments around the world take unprecedented actions to address the coronavirus pandemic, one idea that is being floated as an ideal fix for this crisis is the adoption of a Universal Basic Income (UBI)....

Because the coronavirus pandemic is an unprecedented black swan event, we’ve seen many mistakes and delayed responses that were more reactive than proactive. There will certainly be no shortage of lessons to be learned.