POVERTY POCKET By Joan C. Pendergast Dec. 27, 1984
Each of us has our own poverty pocket That place of deep hurt that's scarred us the most Its crippling effects have their day in the sun Until the great healer comes, Jesus God's Son.
BOSTON – How are jobs created? Finding answers to that question has been an economic and political priority for governments around the world, especially in the years since the Great Recession. Nurturing startups may be a critical component.
Studies, such as a white paper from the National Bureau of Economic Research in Cambridge, suggest that fostering business formation, rather than helping larger businesses survive, may provide the most effective job-creation solution for people the world over. The authors said their study showed that newly formed companies, rather than simply small businesses, drive job growth.