Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful
The Horizons Tracker
NOVEMBER 17, 2021
A recent report from the Congressional Budget Office is a good case in point, with the blame placed on access to finance and regulatory hurdles. They argue that, for instance, in medicine, the doubling of medical knowledge in 1950 took 50 years, in 1980 this had shrunk to 7 years, and by 2010 it was down to just 3.5 Opportunity costs.
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