> looking at country level data, USA, with it's terribly scary and risky path of entrepreneurship completely outperforms welfare state countries like the Nordics.
False.
>> The U.S. likes to think of itself as the world capital of start-ups. But America doesn't lead the world in actually starting new businesses. By various measures, it's behind Canada, Denmark, and Norway.
is Harvard good enough?
https://news.harvard.edu/gazette/story/2016/07/public-progra...
https://www.nber.org/papers/w18441.pdf
> looking at country level data, USA, with it's terribly scary and risky path of entrepreneurship completely outperforms welfare state countries like the Nordics.
False.
>> The U.S. likes to think of itself as the world capital of start-ups. But America doesn't lead the world in actually starting new businesses. By various measures, it's behind Canada, Denmark, and Norway.
https://www.inc.com/magazine/20110201/in-norway-start-ups-sa...