Category: "demographics"

Can You Afford to Reach 100?

June 12th, 2017
in demographics, macroeconomics

“I often joke that 100 years from now I hope people are saying, ‘Dang, she looks good for her age!’”– Dolly Parton more »

Angst in America, Part 7: The Angst of the Millennial Generation

May 12th, 2017
in demographics, employment, macroeconomics

“Being young and having no job remains stubbornly common. Wages for young people fortunate enough to get a job have gone down. Inflation-adjusted wages for young high school graduates were 11 percent higher in 2000 than they were more than a decade later, and inflation-adjusted wages of young college graduates (four years only) have fallen by more than 5 percent. more »

The Fading American Dream: Trends in Absolute Income Mobility since 1940

May 9th, 2017
in demographics, history, macroeconomics

One of the defining features of the ‘American Dream’ is the ideal that children have a higher standard of living than their parents. This column examines rates of ‘absolute income mobility’ – the fraction of children who earn more than their parents – to assess whether the US is living up to this ideal. more »

Angst in America, Part 6: Middle Class Blues

May 6th, 2017
in demographics, macroeconomics

“We of the sinking middle class may sink without further struggles into the working class where we belong, and probably when we get there it will not be so dreadful as we feared; for, after all, we have nothing to lose.”– George Orwell more »

Angst in America, Part 3: Retiring Broke

April 5th, 2017
in demographics, macroeconomics

“The trouble with retirement is you never get a day off.”– Abe Lemons “Retirement at sixty-five is ridiculous. When I was sixty-five I still had pimples.”– George Burns more »




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