Scott Shane discusses rate of new business startups

U.S. House Speaker John Boehner says new business startups are at the lowest levels in 30 years

PolitiFact: With conflicting reports out about the rate of business startups, Scott Shane, the A. Malachi Mixon III Professor of Entrepreneurial Studies, helped explain how the studies could be so at odds. The numbers look contradictory, but they measure different things—“it’s like measuring water in a bathtub,” he said.