12/02/2007 1:20:48 pm
Phelps About Entrepreneurial Culture. Last years Nobel Laureate in Economics, Edmund Phelps, writes today about entrepreneurial culture in the WSJ. He points out that the current "social model", with its vast government interventions in the economy, is one explanation for the economic problems of Europe. But he points to several studies that show deeper roots for the problems, not least historical - but also a spirit among people that work and entrepreneurship are not much to strive for. Very interesting!

Read the article here - >