Many economic theories have presented different unefficient plans and recipes intended to eliminate poverty, once and for all; nevertheless, only a few have focused on the importance of entrepreneurship and the alleviating results it provides to poverty. In this conference Karol Boudreaux explains the importance of entrepreneurs in a society, in order for innovation and wealth to be created. She describes the existing types of entrepreneurs, as well as how they individually play a vital role in their communities on different needs. To prove this idea, Boudreaux provides examples of entrepreneurial activities carried out in certain African regions, which have helped poor people to develop and obtain a higher life quality for themselves and their families. The results of these entrepreneurial programs, performed by large and small-scale entrepreneurs, have demonstrated the importance of these risk-takers in society, due to the beneficial and multiplicative effect of their actions.
Karol Boudreaux is a senior fellow at the Mercantus Center and…
Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.
Universidad Francisco Marroquín