Self-employment isn’t a good proxy for entrepreneurship. Many (most?) entrepreneurs are not technically self-employed in the US. In Europe, there is a strong bi

Self-employment isn’t a good proxy for entrepreneurship. Many (most?) entrepreneurs are not technically self-employed in the US. In Europe, there is a strong bias toward being an “independent contractor” because that is almost the only way to earn a top wage, whereas in the US that is entirely unnecessary since normal companies readily pay regular employees top dollar if they perform. Being self-employed in Europe is a product of the reality that companies are willing to pay contractors much more than the equivalent employees. If you are highly skilled, being self-employed is the only way to earn what you are worth.