point

 

 Remember me

Register  |   Lost password?

 

Next Dates: - Introduction to QuantLib Development with Luigi Ballabio, September 2 - 4, 2013 - £1700

 


The Psy-Fi Blog Logo


Crowdfunding Heroic Entrepreneurs

Mon, 30 Apr 2012 01:13:32 GMT

Ask Not  The crowdfunding provisions in the JOBS Act have provided a rich source of material for commentators both for and against the concept. Providing bright eyed innovators with seed capital seems like a good idea, but pushing small investors into dubious schemes with little chance of success is less obviously smart. In fact the crowdfunding regulations are still being created, so we don’t really know how much investors will be protected from themselves but we know one affected group who do need some help. Step forward the heroically biased entrepreneurs of America. Your country needs you, although you probably need your country more. Risky Innovators  The economist Joseph Schumpeter believed that entrepreneurs were the innovative lifeblood of a dynamic economy, perpetually tearing down old certainties and refashioning them in their own image (see: Time for Shiva and Schumpeter). It’s certainly true that innovators are the public face of change, even...

, , , , , , ,