The Entrepreneur'sRESOURCE

Explore the Resource Center to find resources.  Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.

The Promise and Perils of Self-Employment

Mark Marich

While recent booms in entrepreneurship and self-employment have generated many benefits for the American economy, these trends are not necessarily a “free lunch” according to a new article in City Journal, a publication of the Manhattan Institute.

Patterns of self-employment have changed in recent years. In the past, self-employment was counter-cyclical, with more self-employed emerging due to a shortage of other jobs. More recently, pull factors have seemed to predominate, with self-employed workers opting for greater flexibility and better work-life balance. This shift generates many benefits, in terms of new jobs and in terms of more flexible labor markets. But, it also creates many challenges for workers who face higher health care costs, limited access to unemployment benefits, and an overall weaker social safety net. The article’s author, Laura Vanderkam, suggests that both Republicans and Democrats should place closer attention to the needs of this neglected part of the workforce.

Article: Winter 2009 City Journal article, “The Promise and Peril of the Freelance Economy,” by Laura Vanderkam

comments powered by Disqus

Search for Resources

Stay Connected

Email Newsletter Signup

Want to get connected? Sign up to receive regular news, polls and updates from The Kauffman Foundation.

Email Newsletters

Want to be up-to-date with the latest news and updates from To subscribe, just give us your email address below; you'll choose which e-newsletters you'd like to receive on the next screen.