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> The combo of M4A, UBI, and affordable childcare will lead to an explosion of entrepreneurial spirit, small businesses, and startups. Funnily enough, the west

> The combo of M4A, UBI, and affordable childcare will lead to an explosion of entrepreneurial spirit, small businesses, and startups. Funnily enough, the western country with the least amount of safety net has the most successfull startup community and entrepreneurial spirit. Must be an anomaly in your theory.

specialist 7y ago
How many companies are listed on the misc stock exchanges? How has that number changed over time? How many businesses are started per jurisdiction over time? What is the trend? Which businesses account for most employment growth?
luckylion 7y ago
Coincidentally, the western countries with the strongest safety nets, m4a and affordable / free child care have weak startup communities and little entrepreneurial spirit. Another anomaly!
- specialist 6y ago
  Rankings from 2005. USA is #32. https://www.nationmaster.com/country-info/stats/Economy/New-businesses-registered/Number/Per-capita https://www.nationmaster.com/country-info/stats/Economy/New-... To your point, it'd be interesting to compare more recent data. Please share if you find such datasets. -- Of course there are multiple factors. Inhibitors and accelerators, advantages and disadvantages. Even between states. Access to capital, quality of schools, real estate prices, labor laws, ad nauseum. Some are non-obvious. One possible crucial factor between Boston and Silicon Valley was California's lack of non-compete employment arrangements. If true, shouldn't others consider adapting? Why haven't they? Imagine young professionals have children. Imagine access to reasonable and trustworthy child care is important to those parents. So important it influences their job choices. Imagine innovative companies providing that service to better recruit and retain talent. You don't have to imagine. Because it's already happening. Ditto healthcare. So why shouldn't similarly minded jurisdictions do the same?
  - luckylion 6y ago
    We have pretty much all that in Germany. Healthcare is mostly public and affordable, strong social safety net, free childcare in lots of cities, free schools & higher education (and if you/your family meet some criteria, you'll actually get "student loans" that are generally interest-free and you only need to pay back half of it). Want to start a company while unemployed? You'll get subsidies you don't need to pay back to get you started etc etc etc. Germany's top startups are mostly copy cats, and that's pretty much all VCs will invest in (granted, they're not VC by SV standards, but mostly just investors). We're #51 on that list you posted. I don't believe that entrepreneurship is significantly encouraged or discouraged by what happens if you fail or whether child care is free or expensive. Imho even regulation and red tape isn't the primary issue, but the local culture's general relationship with risk vs safety. Germans save more than e.g. US citizens, and they don't move to other states within Germany nearly as much (even though it's really not that far, Germany is smaller than California). > Imagine innovative companies providing that service to better recruit and retain talent. What you do to get & keep talent (aka "the elite") doesn't necessarily scale to the population at large. If you pay someone $200k, adding $10k for perks doesn't matter as much. It's very different if you're paying them $50k.
    - specialist 6y ago
      Hmmm. I'd love to know if you're right (less wrong) about culture. How does Finland punch above their weight? Can't we steal some of their fire? While I advocate for a democratic socialist utopia (Denmark), I'd support anything that moves the needle to the left. When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction.
      - luckylion 6y ago
        > How does Finland punch above their weight? Can't we steal some of their fire? I mean, Finland fought off the Soviet Union's invasion, punching above their weight seems to be their national pasttime. Maybe size matters, just like small companies will be more agile than large ones, smaller states will be able to pivot easier. > When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction. We have essentially the opposite trend in Germany. Social democrat policies of the 70ies and 80ies are considered conservative/reactionary today. I still believe we should establish some international citizenship trading system. Apparently plenty of Americans would love to get into Europe and I know quite a few Europeans who'd like to emigrate to the US. That'd really allow voting with your feet.

specialist 7y ago

How many companies are listed on the misc stock exchanges? How has that number changed over time? How many businesses are started per jurisdiction over time? What is the trend? Which businesses account for most employment growth?

luckylion 7y ago

Coincidentally, the western countries with the strongest safety nets, m4a and affordable / free child care have weak startup communities and little entrepreneurial spirit. Another anomaly!

specialist 6y ago
Rankings from 2005. USA is #32. https://www.nationmaster.com/country-info/stats/Economy/New-businesses-registered/Number/Per-capita https://www.nationmaster.com/country-info/stats/Economy/New-... To your point, it'd be interesting to compare more recent data. Please share if you find such datasets. -- Of course there are multiple factors. Inhibitors and accelerators, advantages and disadvantages. Even between states. Access to capital, quality of schools, real estate prices, labor laws, ad nauseum. Some are non-obvious. One possible crucial factor between Boston and Silicon Valley was California's lack of non-compete employment arrangements. If true, shouldn't others consider adapting? Why haven't they? Imagine young professionals have children. Imagine access to reasonable and trustworthy child care is important to those parents. So important it influences their job choices. Imagine innovative companies providing that service to better recruit and retain talent. You don't have to imagine. Because it's already happening. Ditto healthcare. So why shouldn't similarly minded jurisdictions do the same?
- luckylion 6y ago
  We have pretty much all that in Germany. Healthcare is mostly public and affordable, strong social safety net, free childcare in lots of cities, free schools & higher education (and if you/your family meet some criteria, you'll actually get "student loans" that are generally interest-free and you only need to pay back half of it). Want to start a company while unemployed? You'll get subsidies you don't need to pay back to get you started etc etc etc. Germany's top startups are mostly copy cats, and that's pretty much all VCs will invest in (granted, they're not VC by SV standards, but mostly just investors). We're #51 on that list you posted. I don't believe that entrepreneurship is significantly encouraged or discouraged by what happens if you fail or whether child care is free or expensive. Imho even regulation and red tape isn't the primary issue, but the local culture's general relationship with risk vs safety. Germans save more than e.g. US citizens, and they don't move to other states within Germany nearly as much (even though it's really not that far, Germany is smaller than California). > Imagine innovative companies providing that service to better recruit and retain talent. What you do to get & keep talent (aka "the elite") doesn't necessarily scale to the population at large. If you pay someone $200k, adding $10k for perks doesn't matter as much. It's very different if you're paying them $50k.
  - specialist 6y ago
    Hmmm. I'd love to know if you're right (less wrong) about culture. How does Finland punch above their weight? Can't we steal some of their fire? While I advocate for a democratic socialist utopia (Denmark), I'd support anything that moves the needle to the left. When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction.
    - luckylion 6y ago
      > How does Finland punch above their weight? Can't we steal some of their fire? I mean, Finland fought off the Soviet Union's invasion, punching above their weight seems to be their national pasttime. Maybe size matters, just like small companies will be more agile than large ones, smaller states will be able to pivot easier. > When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction. We have essentially the opposite trend in Germany. Social democrat policies of the 70ies and 80ies are considered conservative/reactionary today. I still believe we should establish some international citizenship trading system. Apparently plenty of Americans would love to get into Europe and I know quite a few Europeans who'd like to emigrate to the US. That'd really allow voting with your feet.