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France is actually one of the examples used in the article. "When France lowered the barriers to receiving unemployment insurance, it actually increased the ra
by a_c_s 12y ago
France is actually one of the examples used in the article.
"When France lowered the barriers to receiving unemployment insurance, it actually increased the rate of entrepreneurship.. Until 2001, citizens on unemployment insurance had little incentive to start businesses, since doing so would terminate their benefits. Instead of gutting the program, the state simply decided to let anyone who founded a business keep drawing benefits for a limited period, and guaranteed that they would be eligible again if that business failed. The result: a 25 percent increase in the rate of new-firm creation."
- gavanwoolery 12y agoYes, its a good example, although difficult to pin causation/correlation as I'm sure there are many other variables in play. :) I'm not trying to dismiss it, only throw the theory into question.
- a_c_s 12y agoThis article is based on multiple studies done by people at Ivy League institutions. Trying to "throw the theory into question" with a few generalizations isn't contributing to intelligent discussion. HN is fast becoming Slashdot, where people only read headlines before diving into commenting.