The Importance of Dynamism in the American Economy

Simon Tisdall: America's spunk comes from the way its business environment and work life are configured. He says it is an easy place to start a business in terms of regulation, but also forgiving when businesses go wrong. It keeps corporate bosses on edge as well as keeping people productive, he adds. But U.S. has long been lagging Europe and other developed countries with regard to life expectancy, writes Tisdall.