Summary of Nicholas Eberstadt's Men Without Work
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#1 The U. S. economy has been generating a lot of wealth, but it is doing so artificially. Macroeconomic trends do not look promising, and the future does not look any brighter than the present. -> The U.
#2 The US economy has been generating a lot of wealth, but it is doing so artificially. Macroeconomic trends do not look promising, and the future does not look any brighter than the present.
#3 The US economy has been generating a lot of wealth, but it is doing so artificially. Macroeconomic trends do not look promising, and the future does not look any brighter than the present.
#4 The U. S. economy has been generating a lot of wealth, but it is doing so artificially. Macroeconomic trends do not look promising, and the future does not look any brighter than the present.
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Summary of Nicholas Eberstadt's Men Without Work - IRB Media
Insights on Nicholas Eberstadt's Men Without Work
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 1
#1
The United States has experienced a divergence of its wealth, output, and employment in the last twenty years. While Americans have never had it so good in terms of wealth, their economy appears to be mediocre and its future prospects bleak.
#2
The American economy has suffered a lost decade since the 2008 crash. The ten-year moving average for U. S. per capita economic growth is lower today than at any other point since the Korean War, and this slowdown began in the 1990s.
#3
The country’s work rates have barely budged in the past four years, and the situation seems to be getting worse for men.
#4
The work rate for American men has been decreasing since 1948, and is currently at its