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  •  More Entrepreneurs in Denmark (6+ / 0-)


    Americans pride ourselves on being the land of opportunity and of Horatio Alger. Yet the truth is social democratic Denmark now has higher levels of entrepreneurship than the USA.

    One primary difference between a Danish entrepreneur and his/her American counterpart is health care. Because of universal health care, a Danish worker with health problems can strike out on their own anytime and start up a business.

    Americans with health problems have to weigh the cost and benefit of leaving their jobs and decide if they can afford or even qualify for an individual health insurance policy.

    Americans are more and more making working decisions based on health insurance. According to the Census Bureau, over 78 percent of all small business have no employees. Thus entrepreneurs in America are more likely to have to buy individual health insurance policies, which are usually more expensive and difficult to obtain than group health insurance.

    •  Dean Baker has an excellent article (3+ / 0-)
      Recommended by:
      Egalitare, mithra, Brooke In Seattle

      today at the CEPR website titled Start-Ups and Job Creation that discusses the Kauffman Foundation claim that all the job growth in the last three decades came from new businesses:

      The argument coming from this direction is that all the job growth in the last three decades came from new businesses. Employment in firms that existed in 1980 has just stayed roughly even.

      The reason this claim is silly is that the decision of a corporation to expand and open a new division depends to a large extent on the ease with which new businesses can form. If it is easy for start-ups to form, then existing businesses will be less likely to expand their operations by setting up a new division. If they want to get into a new area, then they will just buy a start-up that looks promising.

      The subject was also taken up by Ezra Klein in his Wonkblog column from yesterday.

      Quite a discussion, and the comments on both blogs are interesting as well.

      "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

      by SueDe on Mon Jun 18, 2012 at 02:58:33 PM PDT

      [ Parent ]

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