“Planning is the Kiss of Death to Entrepreneurship”

Via Protein Wisdom.

I seem to recall a saying that “the poor need nothing but the spur of their poverty.” That’s not precisely true, but the poor know what they need better than anyone else trying to help them. Collective responses to poverty create massive instituions but do not give the poor what they truly need, which is a chance to unleash what they can do.

Now, true, not all of the poor will be entrepreneurs. Some will be willing to serve entrepreneurs for a paycheck. All the same, empowering the entrepreneurs among the poor will create opportunities for the rest.


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