The Complacent Class
by Tyler Cowen
Americans move less, start fewer businesses and segregate more; dynamism is fading. Cowen's diagnosis of a settled, risk-averse culture.
Read it if…
you want to understand declining dynamism.
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Skip it if…
you want solutions.
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Three things you will actually use
- Complacency has costs.
- Matching replaces striving.
- Expect disruption.
Do this first
Read the chapter on the decline of mobility.
Our verdict
Cowen on complacency.
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