{"id":49951,"date":"2015-03-28T14:09:40","date_gmt":"2015-03-28T20:09:40","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2015\/03\/28\/improving-entrepreneurship-by-improving-social-welfare.html"},"modified":"2015-05-10T13:53:09","modified_gmt":"2015-05-10T19:53:09","slug":"improving-entrepreneurship-by-improving-social-welfare","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2015\/03\/28\/improving-entrepreneurship-by-improving-social-welfare.html","title":{"rendered":"Improving entrepreneurship by &#8230; improving social welfare?"},"content":{"rendered":"<p>In summary, some new analysis demonstrates that when people know that there&#39;s a social safety net there to catch them if their attempt to start a new business fails, people start more new businesses. The same is true when bankruptcy laws are more lenient.<\/p>\n<p>If true, that would indicate that screwing down on bankruptcy laws and getting rid of welfare programs, both conservative ideals (so as to reduce the &quot;moral hazard&quot; of &quot;dependency&quot;) may have an opposite effect of what they want to see happen: people taking risks to create new businesses and innovate, cornerstones of American economic freedom, as Ronald Reagan himself boasted.<\/p><\/blockquote>\n<blockquote class=\"sm2wp\"><p>\n<a style='display:inline;' href='http:\/\/www.theatlantic.com\/politics\/archive\/2015\/03\/welfare-makes-america-more-entrepreneurial\/388598\/?single_page=true'><br \/>\n<img src='https:\/\/lh6.googleusercontent.com\/proxy\/5_3rzgwbQAuck5ldU5yUclJXGcd5zO3d6Vkhy3qeC5NwSWOS_JWVlWJSk3FcrYiFG8h2zKb_CTVEA_eypVi9_w8kmbaHEFY5uJpYBwgJKSB-jQxHwvV2b2rO79lg_ovj2Q=w506-h303-p' border='0' style='max-width:650px;'\/><br \/>\n<\/a><br \/>\n<span style='font-size:large;'><a href='http:\/\/www.theatlantic.com\/politics\/archive\/2015\/03\/welfare-makes-america-more-entrepreneurial\/388598\/?single_page=true'>Welfare Makes America More Entrepreneurial<\/a><\/span><br \/>\nResearch shows that when governments provide citizens with economic security, they embolden them to take more risks.\n<\/p><\/blockquote>\n<p><span style='font-size:small;'><a href='https:\/\/plus.google.com\/+DaveHill47\/posts\/KRd2aJH3Ags'>View on Google+<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In summary, some new analysis demonstrates that when people know that there&#39;s a social safety net there to catch them if their attempt to start a new business fails, people start more new businesses. The same is true when bankruptcy laws are more lenient. If true, that would indicate that screwing down on bankruptcy laws &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2015\/03\/28\/improving-entrepreneurship-by-improving-social-welfare.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Improving entrepreneurship by &#8230; improving social welfare?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,528,77,376],"tags":[],"class_list":["post-49951","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economic-justice","category-economy","category-taxing-spending"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":136867,"url":"https:\/\/hill-kleerup.org\/blog\/2018\/07\/09\/the-hands-on-president.html","url_meta":{"origin":49951,"position":0},"title":"The Hands-On President","author":"***Dave","date":"Mon 9-Jul-18 7:09am","format":false,"excerpt":"(Apologies to anyone for whom the the thought of the President laying hands on anyone causes a shudder.)Trump has essentially turned the White House and senor administration into a personally-run small business, in a way that hasn't been seen since early 19th Century (at a time when the US was\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134503,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/09\/01\/so-were-in-an-economic-emergency.html","url_meta":{"origin":49951,"position":1},"title":"So &#8230; we&#8217;re in an &#8220;economic emergency&#8221;?","author":"***Dave","date":"Fri 1-Sep-17 8:53am","format":false,"excerpt":"Donald Trump has been crowing non-stop, even before he assumed office, over how great the economy is doing because of his actions. Or anticipated actions. Or promised actions. Or something. The market is up to record levels! Employment is up to record levels! Confidence levels are up to record levels!\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/09\/unnamed-12.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":134747,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/09\/18\/toys-r-us-expected-file-bankruptcy-week.html","url_meta":{"origin":49951,"position":2},"title":"Toys R Us is expected to file for bankruptcy this week","author":"***Dave","date":"Mon 18-Sep-17 12:19pm","format":false,"excerpt":"Yikes. It's not quite as dire as it seems -- a lot of the maneuver seems to be to reorganize debt from multiple investors, in time to stock up for holiday toy sales. But it's yet another sign of deep weakness in the US retail sector, an aspect of the\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/09\/unnamed-11.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":132763,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/02\/05\/and-kicking-puppies-too.html","url_meta":{"origin":49951,"position":3},"title":"And kicking puppies, too","author":"***Dave","date":"Sun 5-Feb-17 2:52pm","format":false,"excerpt":"I have occasionally engaged in hyperbolic characterization of people who I feel are being cavalier about democracy and societal standards and care for the neediest among us as also going around kicking, killing, and\/or eating puppies. Because, of course, nobody would condone such behavior, so it's safe hyperbole.Except, of course,\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136365,"url":"https:\/\/hill-kleerup.org\/blog\/2018\/05\/09\/because-of-course-the-trump-admin-wants-to-roll-back-child-labor-laws.html","url_meta":{"origin":49951,"position":4},"title":"Because OF COURSE the Trump Admin wants to roll back child labor laws","author":"***Dave","date":"Wed 9-May-18 11:15pm","format":false,"excerpt":"\"Are there no work houses?\" Now, to be sure, what's being discussed are some easing of regulations on edge cases, in the context of apprenticeships. The argument is made, for example, that if once someone turns 18 they can operate hazardous machinery full-time, why have stringent restrictions on an apprentice\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/child-labor-breakers-boys-1911.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/child-labor-breakers-boys-1911.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/child-labor-breakers-boys-1911.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2018\/05\/child-labor-breakers-boys-1911.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":133081,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/03\/17\/neil-gorsuch-and-the-high-tolerance-for-monopolies.html","url_meta":{"origin":49951,"position":5},"title":"Neil Gorsuch and the high tolerance for monopolies","author":"***Dave","date":"Fri 17-Mar-17 11:46am","format":false,"excerpt":"One of the great achievements of the Progressive Era a century-plus ago was the imposition of strong laws against trusts and monopolies, with a goal of maximizing competition and reducing the social, political, and economic domination of massive business concerns.The article below shows how Neil Gorsuch, Trump's nominee for the\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/49951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=49951"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/49951\/revisions"}],"predecessor-version":[{"id":50807,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/49951\/revisions\/50807"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=49951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=49951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=49951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}