Subscribe

Subscribe

Disclaimer

Just in case you were confused, I am not your personal financial adviser. I'm doing my best to write up everything I know and learn about finances on this site. I hope that the information I am providing will be helpful to you, but I can't guarantee it. So make sure that you do your own research and get multiple independent opinions before moving your money around.

Do recessions spark entrepreneurship?

The Economix blog recently wrote an interesting article discussing whether recessions stimulate the entrepreneurial spirit or not.  It certainly seems logical that as times get tougher and people become unemployed that they will seek out self-employment opportunities.  But is it really true?
They explain that:
There are two competing forces urging people toward or away from self-employment. [...]