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The AEI article is stunningly bad - reminds me of intelligent design arguments. Take this: "To get more economic growth by having more start-ups, new companies
by Virax 17y ago
The AEI article is stunningly bad - reminds me of intelligent design arguments. Take this: "To get more economic growth by having more start-ups, new companies would need to be more productive than existing companies." This is like suggesting that people shouldn't have kids because kids aren't as productive as adults. I usually try to not name-call on the internet, but Scott Shane is an idiot. He clearly didn't get to be a professor based on his intelligence.
Unfortunately the linked blog post doesn't quite hit the nail on the head...