My favorite article this week shows how in the past 20 years or so, the age cohort of American CEOs hasn’t changed at all (i.e. baby boomers). Stay tuned next week for an explanation of why you shouldn’t own stock in the firm you work for!
- The nuclear family was a mistake. David Brooks, The Atlantic. Fascinating.
- The Boomer Blockade: How One Generation Reshaped the Workforce and Left Everyone Behind. Think Boundless. Since 2005, the age cohort of American CEOs hasn’t changed. Pretty weird, right? This has lots of implications for younger workers, and the article focuses on the economics of Gen X / Y / Millennials in contrast to the boomer generation. It occurred to me that there also might be some gender effects as well? It’s well-documented that women are extremely under-represented in C-suites. Is it possible that worker age dynamics are exacerbating workplace sexism? HT Tyler Cowen.
- The Folly Of Bernie Sanders’ National Rent Control Proposal. CATO, Ryan Bourne.
- The Modern Mind May Be 100,000 Years Old. Nautilus.
- ‘The intelligence coup of the century’: For decades, the CIA read the encrypted communications of allies and adversaries. Washington Post. Daaaang.
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