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Introducing your new entrepreneurs newsletter

The Times

“The purpose of good policy in Washington should be to unleash the entrepreneurial spirit of the country,” said George W Bush, speaking at a US chamber of commerce event in 2005.

What the former president didn’t say then, and quite possibly never said, was a phrase that came to be among the most closely associated with his time in office. “The problem with the French is that they don’t have a word for entrepreneur”, Bush apparently told Tony Blair a few years earlier. The tale was spread, possibly as a joke, by Blair’s chancellor, Gordon Brown, and the late Baroness Williams of Crosby.

It shows how trust in what you read, watch or hear is important. Likewise the trust you can place in those you