{"insight":{"id":"114773043","lede":"In this case, entrepreneurship is measured as firm formation, and safety net data was taken from the State Child Health Insurance Program, a large-scale public healthcare program similar to Medicaid, but aimed at children in moderate-income families.","slug":"stronger-social-safety-nets-increase-entrepreneurship","title":"Stronger social safety nets increase entrepreneurship.","showTitleAsQuote":false,"epistemicStatus":"econometric","reports":[{"id":"19519421","title":"Basic Income","slug":"basic-income"},{"id":"74233776","title":"Social Wealth Fund","slug":"social-wealth-fund"}],"tags":[{"slug":"growth","name":"Growth","id":"23932836","lede":"

We define growth as the expansion of wealth in society; growth is about generating a "a bigger pie".

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Amidst debates over the merits of continued growth, we begin with the idea that all else equal, a society with growth, with more wealth, is preferable to one with less. Without growth, society becomes a zero-sum distributional game: anyone's gain is another's loss. Growth (all else equal) enables shared prosperity.

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But there is broad agreement that current measures of growth, such as GDP, are inadequate to the task of providing a suitable proxy to guide further growth. Whether devising improved measures that account for missing elements such as sustainability, equity, leisure time, or digital value, or constructing altogether new proxies (OECD's Better Life Index, for example), the conversation about how best to measure, and thus drive, equitable, regenerative, socially desirable growth is a rich field of debate.

\n","ledeExcerpt":"We define growth as the expansion of wealth in society; growth is about generating a \"a bigger pie\".\n\nAmidst debates over the merits of continued growth, we begin with the idea that *all else equal*, a society with growth, with more wealth, is preferable to one with less. Without growth, society becomes a zero-sum distributional game: anyone's gain is another's loss. Growth (all else equal) enables shared prosperity.\n\nBut there is broad agreement that current measures of growth, such as GDP, are inadequate to the task of providing a suitable proxy to guide further growth. Whether devising revised measures, such as Tyler Cowen's notion of wealth plus\" (GDP, plus measures of leisure time, household production, and environmental considerations), or constructing altogether new proxies (OECD's 'Better Life Index), the conversation about how best to measure, and thus drive, equitable, regenerative, socially desirable growth is a rich field of debate.","featured":true},{"slug":"entrepreneurship","name":"Entrepreneurship","id":"112058724","lede":"","ledeExcerpt":"","featured":null},{"slug":"safety-net","name":"Safety Net","id":"102567776","lede":"

The safety net refers to government programs that unconditionally assure a minimum amount of welfare that no citizen can fall below.

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Examples of safety net programs include SNAP benefits (food stamps), Medicaid, and basic income.

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By way of example, imagine a tight-rope strung across a deep chasm. If falling to the ground poses danger, a safety net is strung to catch anyone who falls, mitigating the danger.

\n","ledeExcerpt":"The safety net refers to government programs that unconditionally assure a minimum amount of welfare that no citizen can fall below.\n\nExamples of safety net programs include SNAP benefits (food stamps), Medicaid, and basic income.\n\nBy way of example, imagine a tight-rope strung across a deep chasm. If falling to the ground poses danger, a safety net is strung to catch anyone who falls, mitigating the danger.","featured":null}],"sources":[{"id":"114754594","lede":"Studies the relationship between expanding public health insurance and raising entrepreneurship, measured via firm formation rates. Finds the Child Health Insurance Program lowered the child uninsured rate by 40% and increased self-employment by 15%. Author suggests that findings indicate that stronger safety nets may benefit entrepreneurship. ","link":"https://www.hbs.edu/ris/Publication%20Files/16-144_d9ce8326-eeaa-4650-a8af-6ff03c3f7e77.pdf","slug":"entrepreneurship-and-public-health-insurance","kind":"Academic Paper","title":"Entrepreneurship and Public Health Insurance","year":"2022-01-01","researchers":[{"id":"114754586","location":"Harvard University","name":"Gareth Olds","seoDescription":"","slug":"gareth-olds"}]}]}}