Productivity: When small isn’t beautiful | The Economist: “BRITONS and Americans are used to lionisations of the small businessman. This praise is often misplaced; it is not so much small firms that drive growth and job creation so much as small and young¬†firms on their way to becoming much larger. Where small firms are most common, as around Europe’s southern periphery, their prevalence is sign of uncompetitive markets and low productivity. “