Middle Class

While topics like “The Great Resignation” and “the labor shortage” have gained traction in popular discourse, much of these discussions overly simplify trends that have been brewing for decades.  read more »

The Frontier Centre for Public Policy has released the 2022 edition of Demographia Housing Affordability in Canada.  read more »

In newsletter #63 I discussed the managerial revolution, or the way that we transitioned from an entrepreneurial capitalist system dominated by owners to a bureaucratic system dominated by managers and technocrats spanning the public and private sectors.  read more »

The growing likelihood of recession, at best sharply lower growth and maybe 1970s-style stagflation, seems likely to further accentuate the class and political divisions already rubbed raw by the pandemic and a global supply crisis.  read more »

Demographia United States Housing Affordability rates middle-income housing affordability, using the median multiple, a measurement of income in relation to housing prices, or 189 major markets (metropolitan areas) for the third quarter of 2021.  read more »

America is suffering from a worker shortage, but a more persistent and perhaps even urgent problem is the profound lack of skills among younger Americans.  read more »

Joe Biden was right to propose free Pre-K education for 3- and 4-year-olds and free community college in his initial legislative package, rather than pushing for free public university education and the cancellation of college debt.  read more »

The future shape of post-Covid America is beginning to emerge. As demographic trends and surveys indicate, the pandemic has helped accelerate large, epochal changes in the nation’s geography.  read more »

Here’s a followup to the post from earlier this week about my experience at a “Restoring the Urban Middle Class” conference in Houston a couple weeks ago.  read more »

Across the West, the young are losing faith in the future.

The recent French election provides a case study. In the first round vote, voters narrowly favored President Emmanuel Macron, the epitome of “enlightened” elite rule, over Marine Le Pen, the doyenne of French fascism.  read more »