“Ten percent of American businesses disappear every year. ... It's far higher than the failure rate of, say, Americans. Ten percent of Americans don't disappear every year. Which leads us to conclude American businesses fail faster than Americans, and therefore American businesses are evolving faster than Americans.”
Quote by Tim Harford
Author
Tim Harford
Tim Harford is a British economist known for his writings on economics, decision-making, and complexity. His work is characterized by its ability to explain complex economic concepts in an accessible way and emphasize the role of uncertainty in decision-making processes. more