In his latest article in Foreign Affairs, Carl J. Schramm, president and CEO of the Ewing Marion Kauffman Foundation, calls for “expeditionary economics” a new strategy for reconstructing economies of post-conflict countries. Pointing out that the current U.S. Army Stability Operations field manual “epitomizes the central-planning mindset that prevails in the international development community,” Mr. Schramm argues that a more strategic attention should be paid to a bottom up approach based on encouraging entrepreneurship that will greatly enhance reconstruction progress. According to Mr. Schramm, “Entrepreneurial capitalism is messy, since it …
Addressing Congress on the State of the Union, President Ronald Reagan told the American people in 1982: Our citizens feel they’ve lost control of even the most basic decisions made about the essential services of government, such as schools, welfare, roads, and even garbage collection. And they’re right. A maze of interlocking jurisdictions and levels of government confronts average citizens in trying to solve even the simplest of problems. They don’t know where to turn for answers, who to hold accountable, who to praise, who to blame, who to vote …
