Richard Reeves of Brookings observes across 99 percent of human history, the belief that life gets better as kids mature would have been eccentric. Not so since the era of Adam Smith however, when a more optimistic view came into prominence within societies adopting capitalism. We call this widely held home-spun view the Great American […]
Read MoreTip 26: Capitalism is Failing, June 9, 2019
These words, from center-left Brookings scholar Richard Reeves. Among experts, he’s far from alone regarding concern, even pessimism. Why so? Do you remember the Great American Dream? It used to be the notion that each generation would live better than any generation that had gone before. But it now appears to be in intensive care. […]
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