St Louis Fed's Poole on entrepreneurship

In a speech on 'Allowing Entrepreneurship' given on 30 March, William Poole of the Federal Reserve Bank of St. Louis said policymakers in the European Union have been grappling with their perceived gap in entrepreneurial spirit. What they have come to recognize from comparing their countries with the United States is that it is not enough to have appropriate laws and regulations.

Poole said one of the reasons that the United States has been able to generate jobs so successfully is that we do not

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