If you want kids to fail, stop making failure so horrible

Children can't be expected to take risks when the societal consequences are so crushing

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(Image credit: (Thinkstock))

It is important that people take risks. Innovation depends on it.

That's the generic sentiment that sloshes around the cult of entrepreneurship and small business, a cult that has managed to seep into so much of our mainstream economic discourse. According to this sentiment, we need people out there doing novel things that will mostly fail but occasionally lead to significant breakthroughs that generate new goods, services, and processes that improve our lives.

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Matt Bruenig writes about poverty, inequality, and economic justice at Demos, Salon, The Atlantic, The American Prospect, and The Week. He is a Texas native and graduate of the University of Oklahoma.