Mercatus Center – The paper, by Marian Moszoro and Michael Bykhovsky, uses Federal Election Commission data to identify equity fund managers by their political contributions. If the managers at a fund gave to only one of the two major political parties, that fund is then classified as having an intellectual or ideological connection to that party.
OK, so who wins this politically fraught horse race? Asnswer here
People who put less emphasis on the future might make decisions that expose them and their families to greater risks, the authors concluded.
Full piece in the WSJ here
John Cochrane on growth-oriented policy.
Probably one of he best essays ever written about this here
…researchers believe they have found a set of characteristics that can identify which companies have a shot at success. That could allow cities and states to move beyond the shots-on-goal approach and instead try to foster the specific types of companies that are most likely to create jobs and drive innovation. Excellent read from fivethirtyeight here
US Census Bureau data on Business Dynamics below