Entrepreneurship is a bit like white blood cells. It's a good thing, of course, and something we need. But more of it isn't necessarily good news. It fact, heightened levels of it can be a sign that something is wrong.
Take New Orleans, for example, where per capita start-ups have shot up since Katrina. A resurgent economy needs younger talent, but this is also a sign of a broken city with more cultural appeal than business opportunities, which has forced new residents to start their own companies rather than join existing, thriving enterprises.
To read the original article: Entrepreneurship Is Falling—and That's Great News - Derek Thompson - The Atlantic
