Short-stuff
The youngest economist was born this week! So far we’ve graded intermediate Micro exams, Western Economic History literature reviews, and we’ve read some ‘Order without Design’. Next week maybe we’ll dive into the ACS data on graduate degrees.
Music Spending Is Smaller Share Of A Bigger Pie
We noted that “People Are Paying For Music Again” in 2024, showing that streaming was partly making up for the drop in sales of physical recordings, while live music sales were setting record highs. Thus, When you combine live and recorded sales, total spending on music has now passed the 1999 peak; this is the…
Wealth of Generations: Update Through the First Half of 2026
It’s been a while since I updated my generational wealth chart, and we now have estimates through the 2nd quarter of 2026, so here’s the latest chart: Figure 1 Wealth for younger Americans continues to grow substantially, but let me make two caveats: Yes, I know median data is better. I’m writing a book that…
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