Why risk matters
March 07, 2007 • by Jonathan Spalink
In the wake of last month’s stock market tumble, Samuel Gregg examines the nature of risk in a free economy. “Risk-taking is indispensable for wealth-creation,” he says. “At the root of wealth-creation is entrepreneurship, and entrepreneurship is impossible unless we are ready to risk testing new ideas, products, and services in the market-place.” Continue Reading...