Ed Krook News Today

In the same way. in the 1990s, the internet was a big thing, so maybe thats one of the reasons why that was such a good decade. >> one of the reasons youre not getting that kind of invasion because the incentive for easy money in the capital flows, whether its into trade, into the swaps market, theres other ways -- there are other things to do with money that are simply much more profitable and less risky than pursuing the innovations that were all looking for, because theres less of an incentiv...

Right. ed krook, who says were creating jobs because were simply creating fewer businesses has worked. part of the "financial times" america working series, its a pleasure to have you here. obviously, no one create 30 million jobs, but environments can create jobs on that scale. >> exactly. and as you said in your introduction there, the really crucial thing is the new companies. thats where new jobs come from, is new business formation. if you look at old companies, this is an amazing fact, if ...

Of the reasons why that was such a good decade. >> one of the reasons youre not getting that kind of invasion because the incentive for easy money in the capital flows, whether its into trade, into the swaps market, theres other ways -- there are other things to do with money that are simply much more profitable and less risky than pursuing the innovations that were all looking for, because theres less of an incentive to do it. anyway, well continue to investigate the crime scene and thank you v...