3 ms·
I like how the article goes into detail about how the social safety net and investment in putting computers in every home provided by Sweden may have fostered a
by advael 5y ago
I like how the article goes into detail about how the social safety net and investment in putting computers in every home provided by Sweden may have fostered a situation where both people are likely to create startups and those startups are pretty likely to survive at least three years and decently likely to reach $1B evaluation.
It's strange to me that this is followed up by a section where claims that this situation is somehow made precarious by higher tax rates are basically quoted without any supporting evidence or examination. Sure, the prior bit didn't go cite any studies or anything, but they at least speculate about the causal link and list some outcomes that the writer seems to believe are associated with those causal factors. No such thing is even explained for the effect of a high tax rate, and I would have liked to see a little more detail about that claim
I've heard both social safety nets and low taxes, which would seem to be at odds, cited by armchair economists as things that are "good for business", so it's odd to see one examined and the other merely mentioned