Tag: Millennials

Is This a Trend, Hopefully?

 

The following is a real Facebook post that just appeared on my wall, from a young man in his early 20s:

My career as a liberal Democrat has come to an abrupt end. I now have to pay taxes and not get anything back… I actually have to pay for all that crap I voted for… I’ve made a huge mistake.

What Should Twenty-Somethings Be Doing With Themselves?

 

I’m particularly thinking of the younger ones, who are still minimally employable and not terribly mature. 

A lot of people are realizing that college isn’t a great deal for many (or most) people. But one of the reasons people send their kids to college is because they want them to have a pleasant post-adolescent/early-adulthood transitional experience. I’m not suggesting that colleges do a great job of providing this. Many people spend their college years wasting enormous amounts of time and money while eroding their moral character. Still, in broad terms, you can see how college seems like the right choice to many people. It offers some independence, but also some supervision; it has a natural starting and ending point; professors and counselors and friends will encourage students to spend their years there planning for some productive future to follow. And of course you get a degree (assuming you finish, that is).

Member Post

 

Hello everyone.  Just wanted to pick your minds about a few things.  I turn a whopping 30 tomorrow and upon reflecting on my 20s, I find myself at a bit of a crossroads.  I have spent a large portion of my 20s either getting an education and for the last 6 years of my 20s, […]

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The Dangers of the “Equal Pay” Canard

 

In the newest installment of my weekly column for the Hoover Institution’s Defining Ideas, I take issue with the White House’s relentless insistence that there is a crisis in America of institutionalized employment discrimination against women, a claim that can’t stand up to even basic scrutiny:

Labor markets are intensely competitive, so the claim about systematic pay gaps has to assume both that women managers are hostile to women’s economic welfare, and that competitive markets are massively inefficient in matching people with positions. Competition for labor tends to lead to efficient outcomes. Indeed, by the standard account, price discrimination cannot survive in competitive markets, which means that the differentials in wages track differences in performance. Put simply, one danger of the Equal Pay Act is that it could mandate equal wages for unequal work, i.e. for two workers with different productivity.