Why Small Business Lending isn’t what it used to be?

December 10th, 2013

Economic Commentary
Why Small Business Lending Isn’t What It Used to Be

Ann Marie Wiersch and Scott Shane

Since the Great Recession, bank lending to small businesses has fallen significantly, and policymakers have become concerned that these businesses are not getting the credit they need. Many reasons have been suggested for the decline. Our analysis shows that it has multiple sources, which means that trying to address any

Why Some Company Offices Are Virtual

December 4th, 2013

Visitors to the San Francisco headquarters of Automattic, the company behind WordPress blogging software, inevitably ask themselves: “Where is everyone?”

The office is ostensibly home to WordPress.com, a service that powers 32 million blogs. In short, the company is a key part of the Internet. Yet on a recent Monday afternoon, the office is nearly empty—as is usually the case. Only eight employees sit around a table amid