Even within the epochal knowledge that is potentially available to humans in today's world there are impediments to that knowledge. Latency is a good explanation of that impediment. Instead of being alert the emtrepreneurial spirit is simply latent. In this regard it can be easily restated as the absence of the investigation of truth.
In other words, entrepreneurship is not exclusively an economic term. Its synonym is alertness. Humans are essentially endowed with this nature and so they possess what can be described as an entrepreneurial spirit. Whether it becomes manifest and to what extent depends on the degree that latent entrepreneurship is transformed into active entrepreneurship (alertness and the independent investigation of truth).
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2 comments:
What does "human intervention in the economy" mean? Isn't the economy a system of human interventions?
John F.Bechtol
Ambassador, The Seasteading Institute
John,
Any belief that the outcome of intervention 'for the good' can fully account for the effects on everyone across the entire time horizon is surely ego-driven. The market is that divine institution that optimizes the good, not some limited human mind of an interventionist no matter how well-intending (not to mention those who use it for their own desires).
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