The United States of Inertia

The United States of Inertia
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Every week, hosts Dan Moss and Scott Lanman bring you a jargon-free dive into the stories that drive the global economy.

Americans like to think of themselves as great risk takers, rolling back frontiers and imbued since birth with a spirit of entrepreneurship. But what if the technological revolutions spawned in Silicon Valley were, ironically, symptoms of a risk-averse country? Underneath the latest app for sex or music, we are becoming older and more comfortable with stasis and statism, according to guest Tyler Cowen. Dan and Scott ask him why we've become more like Europe and poster children for sclerosis: France, Germany and Italy.

SoundCloud: 78: The United States of Inertia by Bloomberg

 

To contact the authors of this story: Daniel Moss in New York at dmoss@bloomberg.net, Scott Lanman in Washington at slanman@bloomberg.net.

To contact the editor responsible for this story: Sara Patterson at spatterson33@bloomberg.net.

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