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Scott examines why young people feel economically hopeless despite economists saying things are fine, testing various explanations like housing costs and wages, and concluding the truth involves both real factors (harder competition, expensive cities, recent mortgage spikes) and media-driven negativity.
Henry George's 'Progress and Poverty' argues that private land ownership and rent cause persistent poverty, and proposes a land value tax as a solution.
Read Scott like a free app: tap then Add to Home Screen. Read Scott like a free app: tap then Add app to Home screen. Add Read Scott Alexander to your home screen to read it like an app.