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Kenneth Rogoff
Filter: Category: SOCIETY
  • SOCIETY, Ageing, ECONOMICS

    John Gapper, "How millennials became the world’s most powerful consumers"

    The Financial Times - metered paywall - 6 Jun 2018

    This FT’s “big read” (about 7-8 min) explains in vivid terms how the biggest global generation (2bn millennials are coming of age) will upend business​ from the US to China. Their choices differ markedly from those of their predecessors (the baby boomers). In a nutshell, the millennials don’t’ want bland, mass-market products shipped from factories by huge corporations. They prefer smaller, independent brands and outlets and this pattern extends to media consumption: technology and social media have unleashed an extraordinary fragmentation in how they absorb information.

    Published in Weekly selection 9 June 2018

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  • SOCIETY, Ageing, PSYCHOLOGY, Wellbeing

    Jia Tolentino, "My Visit to the World’s First Gym for Your Face"

    The New Yorker - 7 Jun 2018

    As this article shows, beauty standards are intensifying under the influence of technology, with the bar of “perfection” being continually raised. Young female adulthood is now defined by constant visual self-surveillance and an overwhelming redirection of anxiety into the “wellness” space. As a result, the financial and psychological drain created by the beauty industry grows ever stronger, resulting in a refusal “to ever be content with yourself” (reads in 8-10 min). 

    Published in Weekly selection 9 June 2018

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  • SOCIETY, Globalization

    Barry Eichengreen, "Is globalisation going to unravel?"

    Prospect Magazine - 1 Jun 2018

    The economist who argued two years ago that globalization was too deeply embedded to be reversed is now pondering whether he should reconsider. The short answer: possibly, because the balance between the amount of overall gain to the economy from further globalization looks smaller relative to the amount of compensation that is required to make it work for the losers. He explains in quite some detail why he is particularly worried about the US (reads in 8-9 min).

    Published in Weekly selection 9 June 2018

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