Blame an ageing population for fewer new firms in the US | Torsten Bell

Middle-age workers may be more productive, but don't expect them to launch companies

Ageing changes us all. What we do and how we do it shifts as the years tick by, affecting our lifestyles and economies.

Here's an example. The US prides itself on being a dynamic economy. But fewer firms have been springing up. Policy failures are partly responsible, with unnecessary occupational licensing making it harder to start a new business.

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