Free markets encourage entrepreneurship from "summary" of Free to Choose by Milton Friedman
The fundamental idea behind free markets is that individuals are free to make their own choices about what to produce, how to produce it, and for whom to produce it. This freedom allows people to pursue their own self-interest and to take risks in the hope of earning a profit. This is where entrepreneurship comes in. Entrepreneurs are individuals who are willing to take risks in order to create new products, services, or ways of doing things. They see opportunities where others see only obstacles, and they are willing to invest their time, energy, and resources in pursuit of their visio...
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