Big companies are the engines that drive an economy with productivity and employment. Small companies are the future big companies. A healthy economy needs both.
Trying to bias an economy towards small business means your economy will be backward and unproductive.
> If we agree that smaller companies are more efficient
I did not say that. Small companies become big companies by being more efficient than existing big companies. As time goes on, big companies slowly get strangled by bureaucracy and inability to adapt to changing times, and come unglued.
But the economy needs their efficiency when they are young.
Trying to bias an economy towards small business means your economy will be backward and unproductive.
> If we agree that smaller companies are more efficient
I did not say that. Small companies become big companies by being more efficient than existing big companies. As time goes on, big companies slowly get strangled by bureaucracy and inability to adapt to changing times, and come unglued.
But the economy needs their efficiency when they are young.