Contributed by economists and others from the US, the nine essays in this volume examine the broader, long-term consequences of economic policies, especially how entrepreneurial behavior
responds to policies and impacts economic outcomes. They emphasize policies that promote productive entrepreneurship and the elements of private ownership of resources and property, personal
choice, voluntary exchange, and competition. They present theory and analysis of the general effects of economic institutions on entrepreneurial behavior and living standards, including
economic growth; the concept of economic freedom and its connection to productive entrepreneurship and economic growth; different measures of entrepreneurship and institutions; active and
passive policies and their effect on encouraging entrepreneurial starts and economic development; and institutions in the US and differences in entrepreneurial activity. The second section
details specific institutional features or policy concerns: the evolution of eminent domain law and its impact on economic development in the US; employer-provided healthcare and its impact;
and whether fiscal decentralization results in a better business climate. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)
