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Simeon Djankov, Eva (Yiwen) Zhang 03 March 2021
Steep falls in entrepreneurial activity were recorded in early 2020 across G7 economies. In the US, however, the creation of US startups shot up by 24% relative to the previous year. This column uses data on new company applications in the US since 2004 to show that firm birth generally accelerates in the aftermath of economic crises and that this pattern was particularly pronounced in 2020, fuelled by the government assistance provided to small businesses. It also shows that US firm births are estimated to have surpassed firm deaths in 2020, unlike in the aftermath of the previous financial crisis.
The American Far-Right Is Dangerous but Disorganized Foreign Policy
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The most common ad hoc weapon used in the French Revolution was the pike, not the pitchfork.
Funny how we’ve come full circle, with the flagpole filling in for the pike on January 6th.
The Rev Kev
The thing to watch for is when protestors start to have the same gear that police do and use them. During the Capital riots, a cop sprayed them with some white chemical spray – tear gas I assume. And immediately a rioter sprayed a brown spray right back at them. But lessons should be taken from the Romans. See the first minute of this clip to see how they dealt with the fact that being on the front line was physically exhausting-