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The dismal science is bereft of good ideas

fail to see the point of professional economists. They purport to know about trade and finance, about markets and credit, but I struggle to identify the actual benefits of all their expensive advice and esoteric debates.

For example, they really should be able to provide the answers we need about job creation, but where are they? How are new jobs created, by whom and under what conditions? Countries such as Spain are crippled with 40 per cent youth unemployment: what pragmatic solutions do the economists offer to this disaster?

The only response I know to this nightmare is to encourage entrepreneurs to start new companies. Such bold individuals cannot rely on arcane economics papers, obscure formulas or dry speeches, delivered by academics who prefer theory over practice. Instead, entrepreneurs embrace clever inventions and vigorous execution.

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卢克•约翰逊

卢克•约翰逊(Luke Johnson)是一位成果颇丰的企业家和创业家,他为英国《金融时报》撰写企业家专栏。他目前担任英国皇家艺术协会的主席,并管理着一家私人股本投资公司——Risk Capital Partners。约翰逊曾在牛津大学学医,但是毕业后却进入投行业。他在1992年收购PizzaExpress,担任其董事长,并将其上市。到1999年出售的时候,PizzaExpress的股价已经从40英镑涨至800英镑。

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