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Argh, yet another simple economic principle conflated by politicization. Entrepreneurship is directly correlated to easy access to capital and the legal enviro
by pdeuchler 12y ago
Argh, yet another simple economic principle conflated by politicization.
Entrepreneurship is directly correlated to easy access to capital and the legal environment surrounding both starting and maintaining a small business... this has been proven ad nauseam.
I can't directly critique the papers linked in the article (especially because one of them 404's) right now, but I'd be willing to be a lot of money they cherry pick policies that (either directly or indirectly) created greater access to capital or made it legally easier to start and run a small business. That, or they've found some correlation between the two and are trying to gloss over the actual economics of the deal and support their political opinions.
Strong "social good" (read: welfare), strong laissez faire, totalitarian, anarchic, doesn't matter your political leanings as long you increase capital and ease of legal machinations you will experience an increase in entrepreneurship (comparatively, of course).
- Chinjut 12y agoSurely there can be more than one thing which has an influence on rates of entrepreneurship... Why couldn't it be the case that both increasing ease of access to capital increases entrepreneurship and, separately, increasing security against risk of destitution via a strong welfare state increases entrepreneurship?