The Atlantic: Welfare Makes America More Entrepreneurial
http://www.krusekronicle.com/kruse_kronicle/2015/03/welfare-is-key-to-entrepreneurship-and-economic-growth.html?utm_source=feedblitz&utm_medium=FeedBlitzEmail&utm_content=44864&utm_campaign=0#.VRVrb7vn_IU A common perspective among political conservatives, especially of the libertarian and Tea Party varieties, is that welfare is a drag on economic growth and it is a disincentive to initiative. Paul Ryan wants a safety net and not safety hammock. Some libertarians don’t even want the net. It would be better to let people assume their own risks. Money taxed away by the government is money that people could have used to buy goods and services and boost the economy. I do not dispute that government programs could be a drag on the economy but this conservative narrative is grossly incomplete! Entrepreneurship and economic innovation are, at the heart, calculations about risk. By taking a bold step, what are the chances I will be better off (however I measure that) and what a...