article thumbnail

Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful

The Horizons Tracker

A few years ago I wrote about innovation and entrepreneurship in Norway and Qatar. The author believes that while lower costs of capital would certainly help raise the entrepreneurship rate, it would be most beneficial to entrepreneurs with lower skills. It’s not a pessimism shared by the Wharton academic himself.

article thumbnail

Why Europe's Carbon Woes Matter to the Whole World

Harvard Business Review

Europe''s $100 billion carbon market, an innovative force in the powerful carbon-reduction approach known as cap and trade, has ceased to function the way it''s supposed to. European policy makers have proposed a multistep process to correct the immediate imbalance caused by the weak economy. That''s right. Exceeding them.

Price 8