The Entrepreneurial State: Debunking Public vs Private Sector Myths has been critically well-received in the UK by such publications as the Economist and the Financial Times and stands as a refreshing new take and counterpoint to today’s rather stale debates on the economic role of government.
On the one hand, the right celebrates private sector entrepreneurship and so-called free markets as the only sure road to prosperity. The private sector led “creative destruction” process is seen as the key source of capitalist dynamism and growth. On the other hand, progressives tend to stress the role of the state as a needed regulator of economic activity, as a Keynesian backstop to stable growth, and as a vehicle for achieving a fairer distribution of income and wealth. Proponents of a more active government role in the economy are often portrayed by the right as enemies of a successful economy.Read more