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Re:Why sclerotic California hasn't yet stifled the extraordi... by spamizbad on Saturday May 29, 2010 @01:47PM (#1388998)
If California's state laws are truly a boot on the neck of entrepreneurs, by all means someone launch a startup in Alaska, New Hampshire, or Tennessee (The three states with the lowest tax rate and least amount of regulation) and prove this notable economist correct.
Re:Why sclerotic California hasn't yet stifled the extraordi... by natrius on Saturday May 29, 2010 @04:04PM (#1389199)
That isn't a sound argument. Regulated California may be better than loosely regulated states, but that doesn't mean that an unregulated (EDIT: that is, more loosely regulated) California wouldn't be even better.
Re:Why sclerotic California hasn't yet stifled the extraordi... by spamizbad on Saturday May 29, 2010 @04:07PM (#1389204)
The tax/regulation issue can very easily become a red herring when it clashes with the reality of certain industries.