4min chapter

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#614 - Nicholas Eberstadt - Why Do Millions of Men Not Want to Work?

Modern Wisdom

CHAPTER

The Dynamic That Has Managed to Create a Ruler Shape

Since about 1950, men have retreated from the labor force at around 0.1% per month solidly. The received wisdom in this area is that this is a phenomenon driven by economic and structural technological change. That's true but it's not even most of the story," he says. "The really biggest, I think, challenge to this idea is the extraordinary peacetime labor shortage"

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