Why? “There is a reasonable hypothesis that areas that are fertile for startups are fertile at a point in time, such as Detroit in the 1890s,” says Ed Glaeser, Eleanor Glimp Professor of Economics at Harvard. “Startups come, they succeed, and then it becomes progressively less friendly as the area becomes wealthier. A few dominant firms emerge and they eventually end up pushing out startups. Areas then have to find a way to reinvent themselves.”
9 out of 10 American’s are completely wrong about how money is distributed in the U.S.A.
wow! This video by Upworthy will make you think twice about money!
Forty years from now, how much will energy cost? What will happen with the climate? Most importantly, will you be richer?