promoting small businesses as an engine of economic growth Economic Question?

Torri Tippey: the concept of small business ownership is a basic "machivellian" principle of the new global free market. having an appropriate and adequate amount of "hard-working" small business owners who employ lots of local peons and turn paper into production every single day for lots of people is something that will truly keep america great and running in the right direction and thereby help to keep us in the middle of that "political spectrum" which is conducive to the growth of the economy as a mere added bonus*...Show more

Coy Tapley: It has nothing to so with returns to scale, which explains the success of large, not small businesses. Or if you must have an answer to your question -- returns to scale are precisely why we have to go to the trouble of "promoting" small business. Left to their own devices, a small business or startup is at a distinct disadvantage in terms of prices, costs, and capital, because they lack economies of scale....Show more