Hanging with History

126. Industrial Enlightenment, the Entrepreneurs


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Paradox abounds when we look at entrepreneurs.  Expected returns are negative, but this doesn't really matter and we explain why.  Bankruptcies are common, but they only take your assets, they can't take what's between your ears and in your heart.  We look at some bankrupts and note that these are not failures at life.  
We look at Entrepreneurs and their social class origin, their religions (7% of the population -Dissenters, produced 50% of the entrepreneurs.    We look at the, surprisingly, totally true myth of the self-made man.  We look at whether they come from inside or outside their industries.  

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Hanging with HistoryBy Harald Hansen

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