The controversy about whether entrepreneurs should be judged according to what they do or say originated between
A) Friedman and Hopkins
B) Berle and Means
C) Lester and Machlup
D) Baumol and Galbraith
E) Smith and Thurow

Question

Quizplus · Accepted Answer

Lester and Machlup developed the concept of "entrepreneurial discretion," which argues that entrepreneurs should be judged based on their actions rather than their words.

The Controversy About Whether Entrepreneurs Should Be Judged According to What