Recommended guest article of Christian Hoffmann – How to foster entrepreneurship. A liberal’s critique of the status quo in Switzerland.

Ever since Schumpeter’s gale (namely, the concept of creative destruction), liberalism has cultivated an intimate relationship to entrepreneurship – entrepreneurs embody the creative power of free markets, and conversely one assumes entrepreneurs to be inclined to a liberal social order. How does this reciprocal relationship come about? Different explanatory patterns exist. One of them runs as follows: Liberalism is based on the recognition of universal individual rights. Freedom rights directly give rise to the possibility of entrepreneurial activity, and indeed the right not to be prevented from such activity.

Read on in the article here.