Wednesday, March 4, 2009

The Entrepreneur

Big Government's Chilling Effect on Innovation

"Higher tax burdens raise the price of entrepreneurship. When you raise the price of something, then, all else held equal, you usually get less of it."

In The Innovation Squelch [click to read] James Manzi states the obvious. A cash hungry government will undoubtedly look to the creative sector of the economy for new revenues and in the process will weaken it if it does not kill it outright.

Henry Ford
Henry Ford

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