Risk-Averse Culture Infects U.S. Workers, Entrepreneurs
Americans have long taken pride in their willingness to bet it all on a dream. But that risk-taking spirit appears to be fading.
Three long-running trends suggest the U.S. economy has turned soft on risk: Companies add jobs more slowly, even in good times. Investors put less money into new ventures. And, more broadly, Americans start fewer businesses and are less inclined to change jobs or move for new opportunities.