Recently, the idea of ‘big is bad’ has found champions among some on both the political left and right. But ignoring the benefits of economies of scale and punishing success will lead to diminished value creation, less innovation for consumers, and fewer opportunities for small business to grow by partnering with larger firms. Happily, we are frequently reminded of the benefits of small business: specialization of product, flexibility for employees, and that personal touch for customers. But just as important are the lower prices, higher salaries, and more stable worker benefits that larger firms often provide. A healthy U.S. economy needs a mix of small and big businesses to thrive.  

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