Employers large and small: A review article

Summary

Brown, Hamilton and Medoff add little to the advancement of our understanding of small businesses by giving us another book that arouses passions, stimulates the controversy hungry news media, but leaves the reader with a sense of unfulfilled promise. They convincingly prove only three of their eight elements. Their good analysis on the work environment topic is lost in the morass of small business sector re-definition and erroneous political action committee research assumptions.

At worst, this book will create controversy on small businesses' role in job creation just as many former socialist nations turn to the U.S. for advice on how to revitalize their economies. Small business formation, survival and growth is the brightest hope for these nations.

After all, employers small, not large create the majority of new jobs in America.