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> There would be even more entrepreneurship That seems like a highly debatable statement.
by sosborn 10y ago
> There would be even more entrepreneurship
That seems like a highly debatable statement.
- morgante 10y agoI agree that it's debatable, mostly because we don't have good empirical evidence about UBI. However, it can be reasoned about. I have two arguments: 1. It is hard to start a company while working for someone else, particularly if you're working in a low-wage job. There is definitely evidence for this phenomenon, as unemployment leads to more entrepreneurship. [0] 2. It is hard to start a company while starving. Starting a company requires a longer time horizon than finding a job. Hence, if there isn't a adequate social support in place, I think a lot of people will prioritize finding a job over starting a company. This is born out in some empirical studies. [1] [0] https://www.sba.gov/sites/default/files/rs394tot.pdf https://www.sba.gov/sites/default/files/rs394tot.pdf [1] http://www.kauffman.org/~/media/kauffman_org/resources/2016/entrepreneurship%20policy%20digest/pd_healthinsurance_032116.pdf http://www.kauffman.org/~/media/kauffman_org/resources/2016/...