Fewer people moving and taking risks

Here are two surprising facts: the number of people who have moved across state lines is down 51% since the mid-20th century; the number of business owners under the age of 30 is down 65% since the 1980’s.¹

Watch the news and you’d get a different impression. Why is dynamism falling?

I’ve added Tyler Cowen’s book to my Goodreads list.

1. From The Complacent Class by Tyler Cowen.↩