u/nonquitt

“First generation today that will be worse off than their parents” — True? Best reading on the topic?

A very common mantra in even the less raggy journalism — the economist, the NYT podcasts, foreign affairs etc all often seem to include this in their analysis of XYZ topic or paradigm, as something that is obviously true and meaningful without any need for discussion. Even other academic disciplines like history and anthro, at least in their consumer books, reference this paradigm axiomatically. This is obviously a very broad question, as different parts of the economy have been and will be impacted differently by technology and globalization, and how we measure “better off” has to encompass real wages but also tech availability / progress, benefits, etc.. what should I read on this topic or how should I go about thinking about this? I have an undergrad in Econ (and math, but that was a different time) so can engage with some level of academic content

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u/nonquitt — 14 hours ago