The entrepreneur the way back for the u s economy

“It is the Entrepreneur, not government, who built America and made it the most prosperous country in the history of the world And he can it again All he needs is for the government to abide by the Constitution and allow him to pursue his dreams without interference from politicians and bureaucrats … to be given the freedom to create and compete on an equal footing with his counterparts in countries that reward, rather than punish, success—and America will once again become the last best hope of mankind.” —ROBERT RINGER Praise for THE ENTREPRENEUR “As an entrepreneur myself and a small business owner for fifteen years, I am convinced that entrepreneurs are America’s great unsung heroes Wall Street may know how wealth is traded, but entrepreneurs know how wealth and prosperity are created.” —U S SENATOR JIM DEMINT (R) South Carolina “In his book, Robert Ringer’s portrait of the entrepreneur as a target of oppressive government is not only informative, but startling in its presentation His examples are an eye-opening history lesson If you’re not sure you are an entrepreneur, you will clearly know after reading this book.” —HERMAN CAIN, former CEO of the National Restaurant Association and author of This Is Herman Cain!: My Journey to the White House “My greatest fear in starting King Construction in 1975 was of government regulators who might crush me for ignorance of a bureaucratic interpretation of not a law, but a rule Today’s regulation is an Orwellian monster compared to 1975’s Robert Ringer skillfully maps out the severe repression the progressive agenda imposes on the American entrepreneurial spirit Our nation was founded on risk taking Ringer clearly outlines our moral and constitutional foundation and defines the convictions necessary for an entrepreneur’s drive for success to overcome fear of failure.” —U S CONGRESSMAN STEVE KING (R) Iowa It is the government’s duty to provide for the general welfare … FALSE The growing gap between the rich and the poor proves that capitalism has failed … FALSE The government has the authority to redistribute wealth through regulations and taxes … FALSE All men are created equal But not all taxpayers! Progressives, or Retrogressives, as #1 New York Times bestselling author Robert Ringer calls those on the far left who are, in reality, against progress, believe in an all-powerful central government that has the authority to meddle in both the economy and in the lives of individual citizens Retrogressives naively believe that the government has a moral obligation to “help” those in need, but nowhere in the Constitution is there an enumerated power to that effect In a Retrogressive utopia, life is risk free for everyone But a government that prevents its citizens from failing actually prohibits them from succeeding So-called social programs, such as food stamps, the minimum wage, and draconian taxes are designed to redistribute wealth but are lethal to the very people whose success is most critical to this nation’s prosperity: Entrepreneurs In this provocative new book, Ringer examines what it takes for these unsung heroes to succeed in an environment that is increasingly hostile toward small businesses Perhaps the most maligned and beleaguered individuals in the United States, Entrepreneurs are the easiest targets for the government’s insatiable appetite to exercise control over the economy Yet, left alone to what they best, Entrepreneurs are able to innovate better products and services than the government could ever hope to provide; create jobs; reinvest much of their profits into expanding their businesses; and, as a result, grow the economy, and thereby improve the lives of millions of people through the selfregulating “invisible hand” of the marketplace The time has come for Americans to tell politicians they don’t want any more quick fixes What we need is for government to get out of the way and allow the Entrepreneur to move our country forward ROBERT RINGER is the author of three #1 bestsellers—Restoring the American Dream, Looking Out for #1, and To Be or Not to Be Intimidated (the completely updated and revised edition of his original classic, Winning Through Intimidation.) The latter two books were listed by the New York Times among the 15 bestselling motivational books of all time An outspoken and prominent proponent of laissez-faire capitalism and individual freedom, Ringer hosts the highly acclaimed Liberty Education Interview Series, which features interviews with top political, economic, and social leaders on today’s most controversial issues You can visit his website at RobertRinger.com MEET THE AUTHORS, WATCH VIDEOS AND MORE AT SimonandSchuster.com • THE SOURCE FOR READING GROUPS • AUTHOR PHOTOGRAPH © JASON SGOBBA COPYRIGHT © 2012 SIMON & SCHUSTER Thank you for purchasing this Threshold Editions eBook Sign up for our newsletter and receive special offers, access to bonus content, and info on the latest new releases and other great eBooks from Threshold Editions and Simon & Schuster or visit us online to sign up at eBookNews.SimonandSchuster.com Threshold Editions A Division of Simon & Schuster, Inc 1230 Avenue of the Americas New York, NY 10020 www.SimonandSchuster.com Copyright © 2012 by Robert Ringer All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever For information, address Threshold Editions Subsidiary Rights Department, 1230 Avenue of the Americas, New York, NY 10020 First Threshold Editions hardcover edition July 2012 THRESHOLD EDITIONS and colophon are trademarks of Simon & Schuster, Inc The Simon & Schuster Speakers Bureau can bring authors to your live event For more information or to book an event, contact the Simon & Schuster Speakers Bureau at 1-866-248-3049 or visit our website at www.simonspeakers.com Library of Congress Cataloging-in-Publication Data Ringer, Robert J The entrepreneur : The way back for the U.S economy / Robert Ringer.—1st Threshold Editions hardcover ed p cm Includes bibliographical references Entrepreneurship—United States Small business—United States—Management United States—Economic policy I Title HB615.R547 2012 338'.040973—dc23 2011053412 ISBN 978-1-4516-2910-1 ISBN 978-1-4516-2912-5 (ebook) Dedicated to the entrepreneurs of the world, to whom Western civilization owes the highest standard of living mankind has ever known CONTENTS Introduction The Entrepreneur as Hero Putting It All on the Line Whatever It Takes The Foundation for Entrepreneurship The Anti-entrepreneurial Holy Grail The GAVEAD Syndrome Is It Too Late? The Perpetual, Titanic Struggle Notes Index heroism of, 17–18, 28–29, 31, 34–35, 42, 52, 69, 78, 263, 273 honesty of, 28–30, 43, 89–90 obstacles to, 71–77, 109, 112, 153–54, 194, 232, 237, 263, 276 personal lives of, 68–69 in predicting future, 44–46, 49, 96–97 in prevailing, 274–75 self-interest of, 32–33, 102 stifling of, 6, 77, 116–17, 120–22, 124, 126, 139, 200 threat posed by, 52 true, 24–28, 31, 51, 98–99 as unacceptable, 39 upstart, 98–99 vilification of, 39, 69, 78, 82, 139, 210 as villains, 52, 59, 205 wannabe, 49–51 Environmental Protection Agency (EPA), 126, 128, 232 environmental regulations, 116, 121–25 envy, 194–200, 202, 207 equality: charades and, 224 envy and, 194, 196–98 liberty and, 7–8, 154 Retrogressives and, 20 ESPN, 76–77 establishing rules, 104–7 Faber, Marc, 114 false premises, 135–55, 271 financial crises, 211, 223 envy and, 195 liberty-education solution and, 271–72 following through, 70–71 Ford, Henry, II, 260–61 Forgotten Man, The (Shlaes), 143 Founding Fathers, 93, 238 and Declaration of Independence, 264–65 and distrust of government, 84–85 as Entrepreneurs, 18–19 liberty and, 228–29, 267 wealth redistribution and, 137–38, 151 Fox News, 95 Franklin, Benjamin, 137, 228–29 freedom, see liberties, liberty free enterprise, 81–82, 110, 117, 130, 261–62 free markets, 81, 212, 261 in action, 99–103 competition in, 97–98 Cuba and, 175–76 laziness in, 94 liberty and, 231, 267, 269, 274 ownership and, 105–6, 109 and party of no, 244 regulation and, 117, 120 size in, 98 street performers and, 23 ticket scalpers and, 21–22 wealth redistribution and, 154, 163 free stuff, 217–18, 244 wealth redistribution and, 158–59, 164–77 French Revolution, 228–29 Friedman, Milton, 105, 270 Friedman, Thomas, 114, 251 Gardner, Chris, 42 Gates, Bill, 94, 148 charitableness of, 47, 67–68, 145, 262 courageous capitalism and, 262–63 entrepreneurship of, 66–68 guilt of, 183 GAVEAD (guilt, arrogance, victimization, envy, anger, demonization), 181–213, 244, 265 and enemy from within, 208–13 liberty-education solution and, 267, 272–73 General Motors (GM), 28, 161–62 General Theory of Employment, Interest and Money, The (Keynes), 225 general welfare, 136–37 Gerson, Michael, 247 global warming, 119, 121–24 Goebbels, Joseph, 226 Goldwater, Barry, 91–92, 163 Goodman, John C., 151–52 Google, 49, 75, 97–99, 126 Gorbachev, Mikhail, 84, 91 government, 7–9, 18, 21–26, 32, 34–36, 46–48, 68, 77, 82–86, 88–89, 92–97, 251, 266 charades and, 221–22, 225–26 courageous capitalism and, 260, 262–63 and dealing with obstacles, 71–72 and Declaration of Independence, 264–65 deflationary depression and, 257–59 demonization and, 206 and enemy from within, 208–10, 212 envy and, 195, 199 and extinction of our moral foundation, 239–40 and free market in action, 99–100 honesty and, 29, 43 ignoring the Constitution and, 233, 235–37 instant gratification and, 219–20 labor unions and, 110 libertarian-centered conservative presidential candidate and, 254–56 liberty and, 7, 227–32, 267–68, 271–73 muddling through and, 241–43 ownership and, 106–7, 112, 118 and party of no, 244–46 progressivism and, 4–5 rights creation by, 149–55 Ringer’s entrepreneurial pursuits and, 56–58 spending by, 166, 231, 236–37, 244–45, 253–54 success and, 63 ticket scalpers and, 21–22 true Entrepreneurs and, 24–26 victimization and, 189, 191–94 wealth redistribution and, 4, 34, 119, 134, 136–40, 142, 148–55, 157–66, 168–70, 172, 189, 195, 199, 212 see also regulations, regulation government jobs programs, 164 Gracian, Baltasar, 39 gradualism, 238, 242–43, 256 Graduate, The, 207 Great Depression, 235, 256 greed, 86–88, 225, 259, 272 demonization and, 206 and myth of zero-sum game, 87–88 regulation and, 126, 129 guilt, 88, 142, 181–86, 192, 206–7 gun ownership, 246–47 handicaps, overcoming of, 72–74 Hannity, Sean, 199 Hard Drive (Wallace and Erickson), 66–67 Hartford Whalers, 76–77 Hayek, Friedrich A., 11, 234 Hazlitt, Henry, 44, 100 healthcare, 25, 252–53, 269 courageous capitalism and, 262 regulation of, 116, 119–21 wealth redistribution and, 119, 143, 151, 153, 158–61 see also Obamacare Heldman, Caroline, 153 Hilfiger, Tommy, 75 Hitler, Adolf, 135, 148, 205, 233–34 Hoffer, Eric, 186, 205 Hollywood, 182, 198–99, 207 Hong Kong, 83, 114–15 Hoover, Herbert, 90 housing, 121, 248, 257, 269 instant gratification and, 220–21 muddling through and, 243–44 wealth redistribution and, 150–51, 154 Hurricane Katrina, 246–47 Huxley, Aldous, 218 IBM, 98–99 Immense Journey, The (Eiseley), 193 India, 112–16, 263 employment and production in, 113–15 regulation and, 122, 125 inflation: of currency, 134, 169, 232, 259 hyperinflation and, 134–35, 177, 202 muddling through and, 241 instant gratification, 219–21 investments, investing, 45, 81, 255 deflationary depression and, 258–59 developing countries and, 113 wealth redistribution and, 157–58 Iran-hostage crisis, 17 Issa, Darrell, 117 Jefferson, Thomas, 18–19, 41, 275 Jindal, Bobby, 86 Johnson, Lyndon, 171, 187, 193 Jordan, Michael, 43 Judeo-Christian values, 239 Judgment Day (Branden), 201–2 Karbo, Joe, 49–50, 61 Kennedy, John F., 34, 188 Kennedy, Robert F., 182, 187 Kennedy, Ted, 182, 187–88 Ketchens, Doreen, 22–23 Keynes, John Maynard, 225 Khodorkovsky, Mikhail, 84 Khomeini, Ayatollah, 17 King, Larry, 222–23 Kiyosaki, Robert, 42–43 labor unions, 65, 236, 248 anger and, 200 developing countries and, 114 and enemy from within, 210 and Entrepreneurs’ sense of urgency, 27–28 ownership and, 106–7, 110–12 public-sector, 244 wealth redistribution and, 162 Laffer Curve, 32 Las Vegas, Nev., 169–70, 202 Lazy Man’s Way to Riches, The (Karbo), 49–50, 61 left, 29, 175–76, 198, 267, 275 anger and, 207 charades and, 225 on common good, 103 demonization and, 207 and enemy from within, 212 guilt and, 183 ignoring the Constitution and, 235, 237 marketplace competition and, 96 and myth of zero-sum game, 88 and party of no, 247 regulation and, 126 on social justice, 103 Levin, Mark, 247 Liberal Mind, The (Rossiter), 154–55 liberals, liberalism, 3–4, 45, 60, 238 anger and, 201 envy and, 194 guilt and, 185 marketplace competition and, 96 muddling through and, 243 wealth redistribution and, 151–52, 155 libertarians, libertarianism, 9–10, 44, 185–86, 253, 269 ownership and, 109 presidential candidate and, 253–57 of Ringer, and roads and highways, 24–25 liberties, liberty, 6–11, 35, 86, 89–94, 207, 251, 266–76 action factor and, 51 capitalism and, 81–82, 89–90, 261–64, 266–67 certitudes and, 8–10 charades and, 222, 224, 227 civility and, 8, 10–11 Constitution and, 7, 228–30, 232, 235, 237–38, 271, 276 Cuba and, 175–76 deflationary depression and, 257 -education, 266–74 and enemy from within, 212 envy and, 196–98 equality and, 7–8, 154 and foundation for entrepreneurship, 81–82 Goldwater on, 91–92 guilt and, 186 honesty and, 29 as issue, 227–32 muddling through and, 243 ownership and, 103, 108–9 prevailing side and, 274–75 wealth redistribution and, 137, 139, 141, 144–45, 150–55, 170, 172 Liberty and Tyranny (Levin), 247 Limbaugh, Rush, 94 Madoff, Bernie, 29, 90, 157 marketing: instant gratification and, 219 Ringer’s entrepreneurial pursuits and, 60–61 wealth redistribution and, 151, 169 markets, marketplace, 45, 266 charades and, 225–26 competition and, 95–97 courageous capitalism and, 260, 263 deflationary depression and, 257, 259 developing countries and, 114 invisible hand of, 25, 33, 59, 61–62, 65, 102, 264 laziness in, 93–94 liberty issue and, 231 regulation and, 118, 130, 163 wealth redistribution and, 144, 151, 153, 162–64 see also free markets Marx, Karl, 28, 176, 198, 200 Marxism, 3–4, 12, 174, 238 demonization and, 206 and myth of zero-sum game, 88 SEIU and, 28 Medicaid, 119–21, 158–60 Medicare, 92, 119–21, 158–60 Mexicans, 112–13 Microsoft, 49, 66, 97–99, 126 minimum wage, 92, 101, 254 regulation and, 117–18 Walmart employees and, 105 wealth redistribution and, 150 Montaigne, Michel de, 85 Moore, Michael, 176, 205–6 moral foundation, 238–41 muddling through, 241–44 Murdoch, Rupert, 95 Myths, Lies, and Downright Stupidity (Stossel), 115 National Mediation Board, 110 National Right to Work Act, 111 Natural Law, 6, 110 wealth redistribution and, 135, 141, 166 negativism, 75–77 new-baseline strategy, 252–53 New Deal, 157, 252 9/11, 17, 45 North, Gary, 65–66 nuclear reactors, 116, 128 Obama, Barack, Jr., 3, 26, 45, 84, 88, 184, 242–43 anger and, 203–5 arrogance and, 187 charades and, 226 and enemy from within, 213 ignoring the Constitution and, 233–36 and party of no, 245–46 regulation and, 119, 125 as savior of Retrogressives, 11–12 SEIU and, 28 wealth redistribution and, 137–39, 158–60 Obama, Barack, Sr., 204–5, 265–66 Obama, Michelle, 88 Obamacare, 119–20, 255 and party of no, 245–46 wealth redistribution and, 158–59 oil, oil crisis, 116 demonization and, 205 regulation and, 121, 125–29 solution to, 128–29 “One Nation Working Together” rally, 210–13 O’Reilly, Bill, 153 Orwell, George, 127, 195–97, 217 ownership, 103–12, 118 labor unions and, 106–7, 110–12 and right to establish rules, 104–7 and right to refuse service, 107–9 Page, Larry, 75, 97 Paine, Thomas, 153, 210, 267 party of no, 244–48 Paul, Rand, 108 Paul, Ron, 93, 139 Peterson, Jesse Lee, 190–91 Phillips, Melanie, 123–24 Piven, Frances Fox, 194–95 poor, poverty, 23, 27, 74, 89, 103, 232 arrogance and, 187 capitalism and, 102 charitableness and, 47 courageous capitalism and, 262–64 and enemy from within, 209 gap between rich and, 146–49 guilt and, 183 and party of no, 247–48 victimization and, 189 wealth redistribution and, 140–41, 145–49, 160, 163, 170–72 presidential candidates, libertarian-centered conservative, 253–57 prices, 18, 29, 82, 135, 209 deflationary depression and, 258–59 developing countries and, 113–14 dishonest capitalists and, 89 and free market in action, 99–101, 103 overcoming obstacles and, 75 regulation and, 125 Ringer’s entrepreneurial pursuits and, 57, 59 self-interest and, 33 stifling Entrepreneurs and, 77 ticket scalpers and, 21 and voting with your feet, 105 wealth redistribution and, 163 productivity, 18, 81–82, 93, 105, 265–66 charades and, 224 communism and, 174 regulation and, 121–22, 129 self-interest and, 33 wealth redistribution and, 133, 150 profits, 31–32, 35, 41, 48, 199, 219 demonization and, 206 and free market in action, 102 overcoming obstacles and, 77 ownership and, 104, 112 regulation and, 126, 129 Ringer’s entrepreneurial pursuits and, 57, 59, 61 wealth redistribution and, 164 progressives, progressivism, 3–5, 185–87 see also Retrogressives property, 10–11, 36, 153, 270 communism and, 174 liberty and, ownership and, 107, 111–12 wealth redistribution and, 141, 165, 168, 171 Putin, Vladimir, 84 Rand, Ayn, 3, 45, 72, 264, 266 Rasmussen, Bill and Scott, 76–77 Reagan, Ronald, 17, 147, 184, 186, 276 refusing service, 107–9 regulations, regulation, 251, 254 capitalism and, 116–30, 260 demonization and, 206 energy, 116, 121, 125–29 environmental, 116, 121–25 guilt and, 182 of healthcare, 116, 119–21 liberty issue and, 231 minimum wage and, 117–18 muddling through and, 242 and party of no, 245 wealth redistribution and, 163 relativism, 238–39, 267–68 relentlessness, 62–66, 76 Republicans, 85–86, 92, 185, 205, 237, 252 liberty issues and, 229, 231–32 as party of no, 244–48 Retrogressives, 11–13, 20, 23–25, 32–34, 45–47, 65–69, 82–83, 85, 88–91, 101–5, 181, 213, 240, 253 anger and, 200–201, 203–5 arrogance and, 186–88 capitalism and, 12, 65, 90, 94, 97–98, 102, 139 charades and, 225 and dealing with obstacles, 71–72, 74 deflationary depression and, 259 demonization and, 205–8 developing countries and, 114–15 as enemy from within, 209–10 Entrepreneurs disdained by, 5, 52, 78, 82 Entrepreneurs’ failures and, 42–43 Entrepreneurs’ honesty, 30 Entrepreneurs’ relentlessness and, 63, 65–67 Entrepreneurs’ risks and, 40, 43, 52 envy and, 194 and free market in action, 101–2 greed and, 86, 272 guilt and, 182–85 ideological war between Entrepreneurs and, 55–56, 78 ignoring the Constitution and, 233–36, 238 instant gratification and, 220–21 labor unions and, 110 liberty and, 230, 232, 266–74 marketplace competition and, 95 muddling through and, 242–43 Obama as savior of, 11–12 ownership and, 103, 105, 108–10 and party of no, 247 prevailing side and, 274–75 regulation and, 116, 118–19, 121–22, 126, 128 stifling Entrepreneurs and, 77 street performers and, 23 success and, 63, 77 ticket scalpers and, 21 victimization and, 189, 191–93 wealth redistribution and, 34, 119, 133, 136, 139–41, 143–47, 149–52, 156–57, 159–62, 170 revolutions, 5, 181, 202, 235, 243, 275 envy and, 194–98 liberty and, 227–29, 267–68, 270–71 wealth redistribution and, 145, 166, 173, 198 Rezko, Tony, 28 Ringer, Robert: book self-published by, 60–61 entrepreneurial pursuits of, 3, 56–62, 96, 125–26 risk, risk-taking, 19–21, 31, 39–41, 51–52 betting the farm and, 46 failure and, 40–41 honesty and, 29 regulation and, 124 Retrogressives and, 40, 43, 52 roads and highways, 24–25 Road to Serfdom, The (Hayek), 234 Rockefeller, Jay, 182 Rockefeller, John D., 47, 182, 262 Roosevelt, Franklin D., 12, 252 arrogance and, 187 ignoring the Constitution and, 235–36 wealth redistribution and, 143–44, 157 Roosevelt, Theodore, 4, 186–87 Roots of Obama’s Rage, The (D’Souza), 204–5 Rossiter, Lyle H., 154–55, 167–68 Russell, Bertrand, 208 Russia, 84, 91, 173, 181, 202, 224 Saks Fifth Avenue, 163–64 Scam (Peterson), 190–91 Scent of a Woman, 62–63 Schultz, Howard, 18, 20 Sears, 44, 98 security, 7, 19, 154 Sedition Act, 230 self-discipline, 10, 62–63, 76, 146, 220 self-responsibility, 10, 175 liberty and, 7, 154 meaning of, 7–8 Shell Oil, 126 Shiller, Robert, 225 Shlaes, Amity, 143 Silent Spring (Carson), 121 “Six Forgotten Principles of Freedom” (Paul), 139 Skinner, B F., 188 small businesses, 18, 25, 35, 120–21 Smith, Adam, 33, 59, 102 socialists, socialism, 3–4, 91, 103, 133, 236, 253 and enemy from within, 210–11 envy and, 197 liberty-education solution and, 270–72 muddling through and, 241–43 and party of no, 245–46 wealth redistribution and, 174–75 social justice, 103–4, 265, 274 demonization and, 208 envy and, 197 regulation and, 119 wealth redistribution and, 143, 174 social organization, 9–10 Social Security, 92, 236, 255 as wealth redistribution, 156–58 Sowell, Thomas, 109, 224 Speed of Trust, The (Covey), 27, 30, 70 Steele, Shelby, 183–84 Stern, Andy, 12, 28, 200 Stossel, John, 115, 158 street performers, 22–23 success, 12, 18–21, 30–33, 39–44, 47–48, 51–52, 63, 82, 87, 102, 276 doing whatever it takes for, 55, 60–62, 66–69, 75–78 Entrepreneurs’ relentlessness and, 64–66, 68 envy and, 196 failure and, 40–43, 58–60 Gates and, 67–68 heroism and, 31, 69 in overcoming obstacles, 74–77 ownership and, 104 Ringer’s entrepreneurial pursuits and, 59–61 state capitalism and, 84 urgency and, 27 victimization and, 191, 194 wealth redistribution and, 141, 146–47, 151 Sumner, William Graham, 143–45 Sunstein, Cass, 188, 230 Supreme Court, U.S., 120, 136–37, 233 taxes, taxpayers, 23, 36, 86, 136, 236, 248, 252, 256, 265–66 deflationary depression and, 259 demonization and, 206 economic stimulation and, 32 and free market in action, 99, 101 guilt and, 182–83 liberty and, 231–32, 271 muddling through and, 241–42 overcoming obstacles and, 77 regulation and, 117, 120, 129 wealth redistribution and, 133–34, 140, 157, 162–64, 166, 169, 199 Tea Party, 119, 205, 243, 252 liberty and, 230–32, 274 and party of no, 247–48 technology, 5, 25, 41, 64, 75, 96, 126, 203, 244 Third Wave, The (Toffler), 197 Thomas, Norman, 242–43 ticket scalpers, 21–22, 30 Time, 87, 113–14, 123 Titanic, 207 Tocqueville, Alexis de, 196 Toffler, Alvin, 197 trust, 213, 226, 260 as catalyst for speed, 30, 70 government and, 84–85 Turner, Ted, 95, 183, 262 urgency, 26–28, 30, 52, 70 useful idiots, 198–99, 205 victimization, 189–94 Volkswagen of America, 217–18 Wall Street, 87 Walmart, 33–34, 44, 98, 163–64 employees of, 20, 104–5 Warren, Earl, 137 Washington, George, 137, 228, 275 as Entrepreneur, 18–19 wealth, wealthy, 19, 74, 81, 97, 103, 232, 244 anger and, 201–4 in cellular-telephone industry, 64–65 charitableness and, 47 courageous capitalism and, 260, 263 creation of, 26, 28, 31, 68, 83, 85, 89, 143, 265 deflationary depression and, 258–59 demonization and, 205–8 envy and, 194–95 gap between poor and, 146–49 greed and, 86–87, 272 guilt and, 181–83 self-interest and, 33 state capitalism and, 84 wealth redistribution, 4, 8, 34, 47, 63, 67–68, 77, 91–92, 104, 119, 133–77, 181, 266, 270 arrogance and, 186 communism and, 172–77 compassion in, 141–45, 172 creating rights and, 149–55 and enemy from within, 212 envy and, 194–95, 198–200 false premises and, 135–55 free stuff and, 158–59, 164–77 guilt and, 182 libertarian conservative-centered presidential candidate and, 254, 256 muddling through and, 243 subtle forms of, 156–64 victimization and, 189 welfare, 72, 92–93, 162, 236, 253 anger and, 201 envy and, 195 White Guilt (Steele), 183–84 “Who Will Tell the People?” (Friedman), 251 Wilson, Woodrow, 12, 187, 235 liberty issues and, 229–30 Winfrey, Oprah, 217–18, 241 World Is Flat, The (Friedman), 114 World War II, 265 Wynn, Steve, 18, 20 zero-sum game, myth of, 87–88, 93 We hope you enjoyed reading this Threshold Editions eBook Sign up for our newsletter and receive special offers, access to bonus content, and info on the latest new releases and other great eBooks from Threshold Editions and Simon & Schuster or visit us online to sign up at eBookNews.SimonandSchuster.com ... many, scary—thought Predicting the future is serious business—Nostradamus stuff And the only thing the Entrepreneur knows about the future with absolute certainty is that circumstances always change... is not the only social benefit that results from successful entrepreneurship Again, the sole purpose of a business enterprise is to make as much money as possible, and the more money a business... but on competence—most commonly manifested in results It? ?s possible to trust someone? ?s honesty but not trust him to deliver results—just as it? ?s possible to trust someone to deliver results but