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The Goal of Economic Development: To Create Hope, Wealth, and Choices Supporting Entrepreneurship

In 1989, Phil Burgess, President of Denver’s Center for the New West (now defunct), gave a presentation called "Expanding Choices in America’s New Economy." In his talk, Burgess, who is credited with first coining the phrase "economic gardening," argued that "new hope, increasing wealth and expanding choices are the universal goals of economic development."

These goals "invoke themes with deep roots in American culture: faith in the future, the desire for freedom, and the demand for choice. They resonate with most people….Perhaps most importantly, though, they are good standards by which to measure progress at any level–the family, the firm, the community, the region or the nation."

By Christine Hamilton-Pennell

Full Story: http://supportinglocalentrepreneurship.wordpress.com/2010/12/26/the-goal-of-economic-development-to-create-hope-wealth-and-choices/

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