Activity

For every Chief Keef or Luger, there are a hundred, a thousand kids doing similar work without hitting it big. The breakdown of what economists call “barriers to entry”—in this case, the costs of recording, editing, distributing, and promoting—means more people can make and publish more content. Th…

None of this is to say anyone should feel sorry for financiers—even junior ones—but it’s worth understanding what is really at the end of the road for Millennials who do everything right. The best the job market has to offer is a slice of the profits from driving down labor costs. One of Roose’s su…

What we see in the wealth numbers is not a clean-cut case of intergenerational robbery, or at least not just that. A quadrant of young households in the Pew data are doing quite well for themselves. Over the past generation, the economy has bent heavily in the owners’ direction, like a pinball mach…

It’s important not to blame the wrong actor and to make sure we keep our eyes on the bottom line: Women are working more overall, men are doing more housework, and yet there’s less housework getting done and less financial stability. This is what happens when all work becomes more like women’s work…

The jobs that are set to last in the twenty-first century are the ones that are irreducibly human—the ones that robots can’t do better, or faster, or cheaper, or maybe that they can’t do at all. At both good and bad poles of job quality, employers need more affective labor from employees. Affective…