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Bill Adams, chief economist for Comerica Bank, calculates that a worker would have to earn $170,000 in 2025 to wield the same purchasing power that a $100,000 salary delivered in 2005.

To study the causal effect of rising housing costs on fertility, I vary them directly within the model, finding that rising costs since 1990 are responsible for 11% fewer children, 51% of the total fertility rate decline between the 2000s and 2010s, and 7 percentage points fewer young families in the 2010s. Policy counterfactuals indicate that a... See more

James Baldwin’s January 1985 Playboy essay, “Freaks and the American Ideal of Manhood” describes how the masculine ideal demands that men prove their manhood by dominating others.

The goal is to make technology something that extends human potential rather than reducing it to nothingness - to create visible prosperity rather than just extracting it.

China is now making more money from exporting green technology than America makes from exporting fossil fuels. This trend will continue simply because renewables are cheap; if you doubt the appeal, count the solar panels on Pakistani roofs. The work China does on cutting emissions at home—ever cheaper renewables, more abundant storage which makes... See more