The ability to declare bankruptcy has a similar relationship to the riskiness of entrepreneurial activity, but we do not generally describe bankruptcy law as “encouraging people to fail at business” or “paying people to fail at business.”
Maybe we should?
The ability to declare bankruptcy has a similar relationship to the riskiness of entrepreneurial activity, but we do not generally describe bankruptcy law as “encouraging people to fail at business” or “paying people to fail at business.”
Maybe we should?