Article does a great job summing up some of the reasons why the entrepreneurial culture in the US is unmatched. If you doubt it, spend some time in other first

Article does a great job summing up some of the reasons why the entrepreneurial culture in the US is unmatched. If you doubt it, spend some time in other first world nations. You don't really realize it until you live outside the US. The point about bankruptcy is a very good one that often goes unnoticed. Failure is just not that big of a deal in the US. In many states, you get to keep your house. Chapter 11 is a fascinating system. Both consumer and business bankruptcy have been tightened under Republican power at the behest of creditors, however.