Nick Eberstadt

This book examines the decreasement in work rate for American males aged twenty-five to fifty-four. The stock market continues to set new records. Unemployment continues to go down. The United States is now at or near "full employment," at least according to received wisdom. But a closer look at economic data by Nicholas Eberstadt reveals something else entirely. While "unemployment" has gone down, the work participation rate, and especially the...