{"id":30061,"date":"2025-08-15T19:24:39","date_gmt":"2025-08-15T23:24:39","guid":{"rendered":"https:\/\/freethepeople.org\/?p=30061"},"modified":"2025-08-13T23:22:34","modified_gmt":"2025-08-14T03:22:34","slug":"the-real-engine-of-capitalism-entrepreneurs","status":"publish","type":"post","link":"https:\/\/freethepeople.org\/the-real-engine-of-capitalism-entrepreneurs\/","title":{"rendered":"The Real Engine of Capitalism: Entrepreneurs"},"content":{"rendered":"

In Round 4 of Wrestling with Economics<\/a>, Matt Kibbe and Glenn Jacobs — Knox County Mayor and former WWE wrestler — explore the pivotal role entrepreneurs play in shaping and driving the economy. As Austrian economist Ludwig von Mises observed, entrepreneurs aren\u2019t just trend followers — they have a rare ability to anticipate needs consumers don\u2019t yet recognize. When Steve Jobs envisioned the iPhone, no one was demanding it — yet today it\u2019s hard to imagine life without it. Entrepreneurs fuel innovation in both technology and organization, but their success depends on the freedom to experiment, take risks, and sometimes fail. That\u2019s why the Austrian School champions getting out of the way and letting the marketplace decide which ideas rise or fall.<\/p>\n","protected":false},"excerpt":{"rendered":"

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