New Orleans In the cheap seats where most of us sit, it’s often mysterious to understand the economic and political gyrations between countries. We read about it, wonder for a moment, don’t have much of a clue other than a hope and prayer of understanding, and then go on. Sanctions are a prime …
Category: Economics
Peak Millennials and Elite Overproduction
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 …
Things Aren’t Much Better Now for Most People
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 …