Scott argues against the trend of 'Boomer-hating,' contending that Baby Boomers delivered peace and prosperity, passed on greater wealth to their children, and don't differ significantly from younger generations on most political issues. Longer summary

Scott Alexander pushes back against the growing anti-Boomer sentiment in contemporary discourse. He argues that despite popular narratives, Baby Boomers presided over an era of unprecedented peace and prosperity, and younger generations actually have more inflation-adjusted wealth than Boomers did at the same age. He examines claims that Boomers are politically extreme (both left and right), finding minimal generational differences on issues like climate change, nuclear power, and housing policy. Scott addresses the accusation that Boomers are plundering younger generations through Social Security, showing that benefit generosity peaked in 1972 and has since contracted. He concludes by warning that generational identity politics, like other forms of identity politics, provides a lazy way to hate everything while avoiding substantive policy discussion, and that today's young people will eventually face similar resentment from future generations. Shorter summary

Scott analyzes wage stagnation since 1973, examining various explanations and concluding that while wages have risen 40-50%, there is still significant decoupling from productivity due to multiple factors. Longer summary

This post analyzes the apparent wage stagnation and decoupling from productivity since 1973. Scott examines various explanations, including measurement issues, demographic changes, inflation calculations, increasing inequality, and policy changes. He concludes that wages have actually risen about 40-50% since 1973, but there is still a significant 50% decoupling from productivity. The main factors are increasing wage inequality (40%), inflation miscalculations (35%), and labor vs. capital inequality (15%). Scott breaks down potential causes and their relative importance, while noting several remaining questions and uncertainties. Shorter summary

Scott Alexander examines evidence for technological unemployment, finding little current impact but signs of 'technological underemployment' pushing workers to lower-skill jobs. Longer summary

Scott Alexander examines the arguments for and against technological unemployment, analyzing labor force participation rates, manufacturing job losses, and economic data to determine if automation is currently causing significant job displacement. He concludes that while there's little evidence of technological unemployment happening right now, there are signs of 'technological underemployment' where automation is pushing workers from middle-skill to lower-skill jobs. The long-term impacts remain uncertain, with economists divided on whether this is a temporary adjustment or a new normal. Shorter summary

Scott analyzes California's water usage, critiques media coverage of the drought, and proposes a market-based solution focused on reducing alfalfa farming. Longer summary

This post analyzes California's water usage and the current drought crisis. Scott breaks down water consumption by sector using data from various sources, comparing it to a family budget for easier comprehension. He then examines recent news stories about water usage, pointing out how some concerns (like fracking and bottled water) are insignificant compared to agricultural use, particularly alfalfa farming. Finally, he discusses the potential for a market-based solution, suggesting that paying alfalfa farmers not to grow their crop could be more cost-effective than current water-saving measures. Shorter summary