The Entrepreneurial Mind

Candace Allen Smith has written about how entrepreneurs are like heroes. She gave a talk on this at the Dallas Fed in 1997. Here is the link

http://www.dallasfed.org/research/ei/ei9701.html

I think that got reprinted in the Freeman. She also had a similar, award winning article in the Journal of Private Enterprise in 1996.

Walter Williams also wrote about entrepreneurs as heroes

http://www.hillsdale.edu/news/imprimis/archive/issue.asp?year=2005&month=03

So did Johan Norberg

http://www.cato.org/pubs/catosletter/catosletterv5n1.pdf

I have also written a couple of articles on the subject

http://cyrilmorong.com/ENTREPRENEUR.htm

http://cyrilmorong.com/ENTREPRENEUR.doc

SPOILERS AHEAD

This particular example would be more compelling if the real Iron Chefs didn't meticulously plan their menus. They know a list of the possible "secret" ingredients in advance and plan for all of them. Plus they have nearly unlimited access to all manner of supporting ingredients (notice how often truffles and shark fin show up in IC dishes?).

In one of his books, Israel Kirzner said something like "entreprneurs discover opportunities for economic proft by leading a life of purposeful action."

Note the implication that entrepreneurs should be (for example) insensitive to taxes that would only apply once their businesses become larger.

The "entrepreneur's don't plan" meme is old among a certain variety of leftist.