2/4: More than 100 million Americans not working or looking for work: 2/4: Men Without Work: Post-Pandemic Edition (2022) (New Threats to Freedom Series) by Nicholas Eberstadt (Author
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John Batchelor
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🗓️ 16 July 2023
⏱️ 9 minutes
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2/4: More than 100 million Americans not working or looking for work: 2/4: Men Without Work: Post-Pandemic Edition (2022) (New Threats to Freedom Series) by Nicholas Eberstadt (Author)
https://www.amazon.com/Men-Without-Work-Post-Pandemic-Threats/dp/1599475979
Nicholas Eberstadt’s landmark 2016 study, Men Without Work,cast a spotlight on the collapse of work for men in modern America. Rosy reports of low unemployment rates and “full or near full employment” conditions, he contends, were overlooking a quiet, continuing crisis: Depression-era work rates for American men of “prime working age” (25–54).
The grim truth: over six million prime-age men were neither working nor looking for work. Conventional unemployment measures ignored these labor force dropouts, but their ranks had been rising relentlessly for half a century. Eberstadt’s unflinching analysis was, in the words of The New York Times, “an unsettling portrait not just of male unemployment, but also of lives deeply alienated from civil society.”
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| 0:16.0 | Prophets may be subject to capital gains tax and the value of cryptocurrencies can go down |
| 0:19.7 | or up. |
| 0:20.7 | This is CBSI on the world. |
| 0:28.0 | I'm John Bachel with Nicholas Aberstadt. |
| 0:30.4 | Nick Aberstadt is the author of Men Without Work. |
| 0:33.6 | This is a post-pandemic edition. |
| 0:35.5 | We'll get there, but we have to work through the mystery of 10 million men without work, |
| 0:41.7 | not looking for work and surviving in some fashion in this rich and dynamic culture. |
| 0:48.3 | Who are they? |
| 0:49.8 | Nick, this is a mystery that can be solved by categories. |
| 0:54.2 | I learned from you that a married man with children and foreign born is guaranteed to |
| 1:01.3 | be at work. |
| 1:02.3 | Guaranteed. |
| 1:03.3 | It's automatic. |
| 1:05.9 | And those categories, if not followed, oh, education with a high school or better education, |
| 1:13.0 | guaranteed to be at work. |
... |
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