Entrepreneurship News Round-Up: Week of 6/15/2009
Tyler Cowen on the Marginal Revolution blog raises the question (again), "which would you rather have, the fiscal stimulus or $775 billion in public health programs? Even better, how about $300 billion in stimulus -- the immediate stuff like aid to state governments -- and $475 billion in public health programs?"
Yves Smith posts to the Naked Capitalism blog that small businesses are being hit by the credit card crunch. Why is this important? "Using credit cards includes the astute use of float, which can give companies six or seven weeks of free money. And in better days, card companies offered products targeted to small business owners with favorable rates."
Scott Shane launches a new blog at NYTimes.com titled “You're the Boss: The Art of Running a Small Business.” With his first post the tackles the issue of government support for high-potential startups. In summary, he contends "If the entities advocating this change, and the policy makers considering it, are all willing to accept the idea of an industrial policy for entrepreneurship, then we should change the S.B.I.R. rule. But if this is just about getting V.C.’s and their portfolio companies a subsidy under the guise of a solution to a problem of market failure, then making the change doesn’t strike me as something that we should do."