Where Have the Small Businesses Gone?

Where Have the Small Businesses Gone?
A "closed" sign is seen in the window of a business in Los Angeles, on Aug. 6, 2020. Frederic J. Brown/AFP via Getty Images
Jeffrey A. Tucker
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Commentary

Over the past two years in the United States, the number of business formations has fallen by about 3 percent per month. That recovered briefly after the devastation of lockdowns, at a time when as many as a third of small businesses shut forever, but that recovery has come to an end and we are in a period of slow decline.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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