3 ms·
> Not a lot of companies come out of Europe Thats not true. Many companies are in Europe, much more than in the US: https://www.nationmaster.com/country-info/s
by stkdump 6y ago
> Not a lot of companies come out of Europe
Thats not true. Many companies are in Europe, much more than in the US: https://www.nationmaster.com/country-info/stats/Economy/Micro/Small-and-medium-enterprises/Number/Per-capita https://www.nationmaster.com/country-info/stats/Economy/Micr...
In Europe we have more companies of all sizes instead of accumulating into few mega-companies. But that has nothing to do with risk tolerance.
- barry-cotter 6y agoBigger companies are more efficient and more profitable on average though. You kind of have to be to grow. Fewer companies, but more efficient and profitable are more productive and lead to a higher tax take which can be used for all the things the government is good at, providing services we want to be universal and transfer payments.