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by lkrubner
3188 days ago
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Whether starting a business is good or bad is irrelevant, the question is why it is happening less now than in 1980. Also, where does this trend end? The rate of business formation has been declining for almost 40 years, and the rate of decline has accelerated since 2000. So we should ask, how far does this trend go? How large do the monopolies grow? Will there ever be an era when the USA returns to creating new businesses at a rate that would have been normal for most of the 20th century? |
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