Peak Millennials and Elite Overproduction

Economics

            Heerlen           An economics reporter for the Times offered an interesting set of observations from a personal and generational perspective about what she called “peak millennials,” which she defined as the sub-generation that will turn 33 and 34 in 2024.  On a chart of US population growth, they hit the top as younger millennials.  Since …

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Things Aren’t Much Better Now for Most People

Economic Development Economics National Politics

            Heerlen           A persistent question in the US, as well as many other countries around the globe, is “what’s driving this increase of populism?”  Why are people so angry?  Many who ask are dumbfounded, because they believe that things are so much better now.  People are living longer.  Median income has risen.  People are better …

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States are Soaking the Poor and Letting Rich Skate

Economics Inequity Taxes

            New Orleans      The Institute on Taxation and Economic Policy for the last seven years has done an annual report based on a distributional analysis of state taxation policies.  It’s terribly depressing reading, not because this nonprofit doesn’t do an excellent job, but because their conclusions take away any hope states are offering a …

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