Smart, rule-abiding teenagers are less likely to become successful entrepreneurs than equally intelligent teens who engage in illicit activities, according to new research. [...]
The economists find that self-employed workers with incorporated businesses were almost three times more likely to engage in illicit and risky activities as youth than were salaried workers. These behaviors include but aren’t limited to shoplifting, marijuana use, playing hooky at school, drug dealing and assault. [...]
These qualities also have a downside. Risk-taking tendencies in combination with high self-esteem make successful entrepreneurs prone to dangerous lapses in judgement, the Wall Street Journal reported in June, finding that many financial advisers have to keep their entrepreneur clients in check.
Marx would have felt vindicated. Proudhon too.