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This is provably false. It is incredibly hard to create a small business in western Europe. Capital borrowing is difficult, employee staffing is onerous, and
by koheripbal 7y ago
This is provably false. It is incredibly hard to create a small business in western Europe. Capital borrowing is difficult, employee staffing is onerous, and local officials make sure that larger established companies compete more strongly in their areas.
That Atlantic article is both antiquated, and cherry picks data just after the 2008 crisis.