[restalis]

45s from here:

https://www.youtube.com/watch?v=RpD_Sz_ZWPk&t=775

explains the most of it for a bureaucratic politician. The rules one make in society will tick (in the eye of the common folk) the balance for risk taking. Most of Europe is plagued by this social condition that Mr. Graham describes in here.

Addition: The scope of Paul Graham's talk is only of relating the economic risk-taking with inequality, but it would pay to give a deeper thought to the company-founding phenomenon. Economic ground poisoning (through patent trolling or regulation hammering) is also a very important factor to it, and that is something that can be fixed also only on political levels.