The Spirit of Enterprise – NYTimes.com

The Spirit of Enterprise – NYTimes.com.

The Spirit of Enterprise

Why are nations like Germany and the U.S. rich? It’s not primarily because they possess natural resources — many nations have those. It’s primarily because of habits, values and social capital.

It’s because many people in these countries, as Arthur Brooks of the American Enterprise Institute has noted, believe in a simple moral formula: effort should lead to reward as often as possible.

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Read the full story here: The New York Times

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