What’s Changed about the Standard of Living?

Lead Essay

  • It’s Complicated. But Hopeful. by Megan McArdle

    Megan McArdle makes the complicated case for optimism: Present-day Americans generally enjoy lives that at a comparable age their grandparents could only dream about. Technology has turned many onerous chores into trivial ones. It entertains us and supplies us with a wide variety of consumer goods. We spend more on health care, but it’s better care, and it’s also an accomplishment that we can spend so much on it at all. Yet many problems remain: Life is good for college graduates, but for others it can be increasingly hard. Mass incarceration raises questions about how good prisoners’ lives can possibly be. And family and community breakdown seems by many measures all too great a problem. As a result, McArdle’s optimism is decidedly guarded.

Response Essays

  • Tangible Gains, Intangible Losses by Brink Lindsey

    Brink Lindsey argues that improvements to our standard of living have been real and easily measured. But there have been significant areas of decline as well, and these, while real, are often harder to measure: We can measure increased life expectancies, or declines in the crime rate, but it’s harder to measure the alienation that comes from lost social status, or the long-term effects of pervasive single parenthood, or the fact that fewer and fewer men of working age are staying in the workforce. These negative trends are mutually reinforcing, he warns, and they may represent a growing threat to future generations, no matter how much life may improve by some metrics.

Coming Up

Essays by Jared Bernstein and Richard V. Reeves. Conversation to continue through the end of the month.

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