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​Once you start looking for this imprudently risk-averse behavior, you see it everywhere, particularly among young people. According to data from the General Social Survey collected by NORC at the University of Chicago, people under age 30 today are almost a third less willing than under-30s in 1996 to relocate for their careers. And as the economist Tyler Cowen observes in his new book “The Complacent Class,” the fraction of people in this age group who own their own businesses has plummeted by about 65 percent since the 1980s.

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Content Type: NORC News Article
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