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21 June 2013

Risk-Averse Culture Infects US

Risk-Averse Culture Infects U.S. Workers, Entrepreneurs - WSJ.com: ""The U.S. has succeeded in part because of its dynamism, its high pace of job creation and destruction, and its high pace of churning of workers," said John Haltiwanger, a University of Maryland economist who has studied the decline in American entrepreneurship. "The pessimistic view is we've lost our mojo.""

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