Nobel winner – friend of entreprenuers

Berlau, head of CEI’s Center for
, hails the contributions of Nobel Prize in Economics
recipient Edmund Phelps in an
op-ed in Investors Business Daily
. According to Berlau, Phelps “celebrates
risk-taking by business as essential to growth and prosperity. His writings
highlight the folly of recent policies, such as Sarbanes-Oxley, that hobble
innovative businesses.”