Matthew Yglesias has written an interesting piece on his blog about Universal Healthcare and Entreprenuership. No matter where your opinions lie on the Universal Healthcare controversy, this is worth a read.
“I’m the sort of person who’s prone to saying that we could have a more entrepreneurial economy in the United States if we had a universal health care system. The thinking is that our current system unduly punishes risk-taking. There are a lot of different aspects of this, but basically the American health care system both produces labor market rigidities (â€job lockâ€) and makes jobs at small firms relatively unattractive. But do I have any actual evidence of this? Well, not really. I think theory alone can establish that the effect should be there, but how big is it”?