The degree to which this has weighed on entrepreneurship has got to be huge. I've put off efforts because of insurance, or because money had to go into healthca

The degree to which this has weighed on entrepreneurship has got to be huge. I've put off efforts because of insurance, or because money had to go into healthcare. I know other people who've done it. I know someone who ran a great autoshop out of his house in off-hours for years... but needed a state full-time job because one of his kids had a condition that only a socialized risk pool had the depth to handle. Wonder what he could have done if the shop was his full-time job. It seems obvious -- set up a socialized insurance system where if you happen to be one of society's big winners, you'll have to share more of that upside, and if/when you lose big, you get covered. That's what insurance is, socializing it just takes it to its logical conclusion, and even a guy like Hayek thought that maybe this was a place where it might be better socialized rather than private markets. In doing so you help with one of the most common risk factors and costs freeing up attention and small capital across the population.