Are the Baby Boomers Working Over 25?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

A lot of the numbers are going to be distorted by the fact that the baby boomers are coming through the or starting to retire. The size of that cohort is going to change. Ah, just through the raphic change, not through anything going on in the economy, necessarily. So if we look at therk, let's olist until further notice. Let's focus on the 25 54 or 25 55, which is called typically prime age.

Why are fewer men working over the last few decades? Is a universal basic income a good policy for coping with the loss of employment? Economist Edward Glaeser of Harvard University talks with EconTalk host Russ Roberts about what Glaeser calls the war on work--the policy changes that have reduced employment among prime-aged men. Glaeser does not see the universal basic income as a viable solution to the decrease in work especially if technology ends up reducing employment opportunities more dramatically in the future. The conversation also includes a discussion of the role of cities and the reduction in geographic mobility in the United States.