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.

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