{"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":28586,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/07\/15\/do-social-entitlements-destroy-a-countrys-economic-strength.html","url_meta":{"origin":49951,"position":1},"title":"Do social entitlements destroy a country&#39;s economic strength?","author":"***Dave","date":"Sun 15-Jul-12 10:51am","format":false,"excerpt":"Not so one could see comparing GDP growth vs social spending as a percent of GDP. (h\/t +Jim Feig) Embedded Link The Myth That Entitlements Destroy a Nation's Growth, Busted in 1 Chart None of Europe's seven biggest welfare states are in a death spiral. Neither are we. Google+: View\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":2},"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":21615,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/07\/17\/unblogged-bits-sun-17-jul-11-1730.html","url_meta":{"origin":49951,"position":3},"title":"Unblogged Bits (Sun. 17-Jul-11 1730)","author":"***Dave","date":"Sun 17-Jul-11 5:30pm","format":false,"excerpt":"Links (most recent first) that caught my eye, but did not warrant full-blown blog entries .... 'Carmaggedon' Not Really That Big a Deal, Actually - Not surprising. People are a lot more adaptable, when required to be, than they think they are. AMERICAblog News: Murdoch cuts off Fox News anchor\u2026","rel":"","context":"In &quot;Church &amp; State&quot;","block_context":{"text":"Church &amp; State","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law\/church-state"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2213,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/07\/24\/tanj.html","url_meta":{"origin":49951,"position":4},"title":"TANJ","author":"***Dave","date":"Wed 24-Jul-02 6:33pm","format":false,"excerpt":"Here's one to give your blood pressure a spike. The former CFO of WorldCom -- the one who was fired when the company revealed $3.8 billion in accounting tomfoolery, and...","rel":"","context":"In &quot;Politics &amp; Law&quot;","block_context":{"text":"Politics &amp; Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8728,"url":"https:\/\/hill-kleerup.org\/blog\/2006\/05\/01\/immigration_day.html","url_meta":{"origin":49951,"position":5},"title":"Immigration Day Stuff","author":"***Dave","date":"Mon 1-May-06 7:21am","format":false,"excerpt":"So today is supposed to be a big Immigrants Rights and Boycott and Street Protests Day. The biggest problem with the whole system right now is that it's not a...","rel":"","context":"In &quot;Geopolitical Brouhaha&quot;","block_context":{"text":"Geopolitical Brouhaha","link":"https:\/\/hill-kleerup.org\/blog\/category\/geopolitical-brouhaha"},"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}]}}