The papers collected in this volume recount a 40-year struggle between scholarship and illusion on matters of great importance. They do much more than that: They present a matchless course of instruction in the demographics of poverty and prosperity, hardship and health, and progress and decline, and they paint a vivid, pointillist portrait of the circumstances of modern humanity. Nick Eberstadt, armed only with data and patient study, debunks Al Gore, Jared Diamond, and Planned Parenthood on population growth and population control; then demolishes a phalanx of ideologues on world hunger and famine; then shreds Jeffrey Sachs and UN officialdom on economic growth and international aid programs. And then he dares all of us to confront humanitarian catastrophes that many prefer to ignore, such as enforced immiserization in North Korea and the now-extensive global practice of selective abortion of females.
By one reading, things look pretty good for Americans today: the country is richer than ever before and the unemployment rate is down by half since the Great Recession—lower today, in fact, than for most of the postwar era. But a closer look shows that something is going seriously wrong. This is the collapse of work—most especially among America’s men. Nicholas Eberstadt, a political economist who holds the Henry Wendt Chair in Political Economy at the American Enterprise Institute, shows that while “unemployment” has gone down, America’s work rate is also lower today than a generation ago—and that the work rate for US men has been spiraling downward for half a century. Astonishingly, the work rate for American males aged twenty-five to fifty-four—or “men of prime working age”—was actually slightly lower in 2015 than it had been in 1940: before the War, and at the tail end of the Great Depression. Today, nearly one in six prime working age men has no paid work at all—and nearly one in eight is out of the labor force entirely, neither working nor even looking for work. This new normal of “men without work,” argues Eberstadt, is “America’s invisible crisis.” So who are these men? How did they get there? What are they doing with their time? And what are the implications of this exit from work for American society? Nicholas Eberstadt lays out the issue and Jared Bernstein from the left and Henry Olsen from the right offer their responses to this national crisis. For more information, please visit http://menwithoutwork.com.
In A Nation of Takers: America’s Entitlement Epidemic, one of our country’s foremost demographers, Nicholas Eberstadt, details the exponential growth in entitlement spending over the past fifty years. As he notes, in 1960, entitlement payments accounted for well under a third of the federal government’s total outlays. Today, entitlement spending accounts for a full two-thirds of the federal budget. Drawing on an impressive array of data and employing a range of easy-to-read, four-color charts, Eberstadt shows the unchecked spiral of spending on a range of entitlements, everything from Medicare to disability payments. But Eberstadt does not just chart the astonishing growth of entitlement spending, he also details the enormous economic and cultural costs of this epidemic. He powerfully argues that while this spending certainly drains our federal coffers, it also has a very real, long-lasting, negative impact on the character of our citizens. Also included in the book is a response from one of our leading political theorists, William Galston. In his incisive response, he questions Eberstadt’s conclusions about the corrosive effect of entitlements on character and offers his own analysis of the impact of American entitlement growth.
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.” The famed American work ethic was once near universal: men of sound mind and body took pride in contributing to their communities and families. No longer, warned Eberstadt. And now—six years and one catastrophic pandemic later—the problem has not only worsened: it has seemingly been spreading among prime-age women and workers over fifty-five. In a brand new introduction, Eberstadt explains how the government’s response to Covid-19 inadvertently exacerbated the flight from work in America. From indiscriminate pandemic shutdowns to almost unconditional “unemployment” benefits, Americans were essentially paid not to work. Thus today, despite the vaccine rollouts, inexplicable numbers of working age men and women are sitting on the sidelines while over 11 million jobs go unfilled. Current low rates of unemployment, touted by pundits and politicians, are grievously misleading. The truth is that fewer prime-age American men are looking for readily available work than at any previous juncture in our history. And others may be catching the “Men Without Work” virus too. Given the devastating economic impact of the Covid calamity and the unforeseen aftershocks yet to come, this reissue of Eberstadt’s groundbreaking work is timelier than ever.
In current intellectual and public discourse, the entire modern world-from the affluent United States to the poorest low-income regions-is beset today by a broad and alarming array of "population problems." Around the globe, leading scientists, academics, and political figures attribute poverty, hunger, social tension, and even political conflict t
Viewed from afar, North Korea may appear bizarre, or positively irrational. But as Nicholas Eberstadt demonstrates in this meticulously researched volume, there is a grim coherence to North Korea's political economy, and a ruthless logic undergirding it--one that unreservedly subordinates economic welfare to augmentation of political power. Thus, paradoxically, even as official policies and practices consign the DPRK economy to a perilous realm between crisis and catastrophe, the country's leadership maintains unchallenged domestic control and has actually managed to increase its international influence.Through painstaking collection of hard-to-uncover data and careful analysis, Eberstadt provides a quantitative tableau of North Korea's terrible failure in its economic race against South Korea; its stubborn adherence to policies all but guaranteed to stifle growth and undermine economic performance; and the longstanding official effort to ignore, or mitigate, pressures for economic reform.Eberstadt is skeptical of optimistic accounts from South Korea and elsewhere suggesting that the North Korean leadership is interested in resolving the current nuclear impasse, and getting on with the business of reform and development. So long as Pyongyang's rulers entertain the ambition of reunifying the Korean peninsula on its own terms, Eberstadt argues, economic reforms worthy of the name will be subversive of state authority--and vigilantly resisted by Pyongyang's rulers. This authoritative volume has received widespread attention from Asian specialists, well as those concerned with nuclear proliferation and world peace, and international relations professionals in general.
In Policy and Economic Performance in Divided Korea during the Cold War Era: 1945–91, Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for the Democratic People's Republic of Korea (DPRK, or North Korea) and the Republic of Korea (ROK, or South Korea) over two critical generations. By a number of indicators, Eberstadt argues, Kim Il Sung's North Korea actually outperformed South Korea for much of this period—not only in the years immediately following partition, but perhaps also into the 1970s.
In 1987, Allan Bloom’s The Closing of the American Mind was published; a wildly popular book that drew attention to the shift in American culture away from the tenants that made America—and Americans—unique. Bloom focused on a breakdown in the American curriculum, but many sensed that the issue affected more than education. The very essence of what it meant to be an American was disappearing. That was over twenty years ago. Since then, the United States has experienced unprecedented wealth, more youth enrolling in higher education than ever before, and technology advancements far beyond what many in the 1980s dreamed possible. And yet, the state of the American mind seems to have deteriorated further. Benjamin Franklin’s “self-made man” has become a man dependent on the state. Independence has turned into self-absorption. Liberty has been curtailed in the defense of multiculturalism. In order to fully grasp the underpinnings of this shift away from the self-reliant, well-informed American, editors Mark Bauerlein and Adam Bellow have brought together a group of cultural and educational experts to discuss the root causes of the decline of the American mind. The writers of these fifteen original essays include E. D. Hirsch, Nicholas Eberstadt, and Dennis Prager, as well as Daniel Dreisbach, Gerald Graff, Richard Arum, Robert Whitaker, David T. Z. Mindich, Maggie Jackson, Jean Twenge, Jonathan Kay, Ilya Somin, Steve Wasserman, Greg Lukianoff, and R. R. Reno. Their essays are compiled into three main categories: States of Mind: Indicators of Intellectual and Cognitive Decline These essays broach specific mental deficiencies among the population, including lagging cultural IQ, low Biblical literacy, poor writing skills, and over-medication. Personal and Cognitive Habits/Interests These essays turn to specific mental behaviors and interests, including avoidance of the news, short attention spans, narcissism, and conspiracy obsessions. National Consequences These essays examine broader trends affecting populations and institutions, including rates of entitlement claims, voting habits, and a low-performing higher education system. The State of the American Mind is both an assessment of our current state as well as a warning, foretelling what we may yet become. For anyone interested in the intellectual fate of America, The State of the American Mind offers an accessible and critical look at life in America and how our collective mind is faring.
This work presents a detailed picture of the divergent socio-economic trends in divided Korea since its 1945 partition. It also covers the social and political situation in the North and South today, and the domestic and international challenges to a successful Korean reunification.
One third of the world's population today lives under governments that consider themselves to be Marxist-Leninist. In many of these places, severe poverty was endemic in the years before Communist authorities came to power. Communist governments claim to have a special understanding into and effectiveness in dealing with problems of poverty. Marxist-Leninist rulers have been in power for nearly thirty years in Cuba, nearly forty years in China, and over sixty-five years in the Soviet Union. How do the poor fare in such places today?Western intellectuals often assume there is an inevitable tradeoff between bread and freedom under communism. What populations lose in the way of civil and political rights, they gain in social guarantees that protect them against material hardship. In The Poverty of Communism, Nick Eberstadt challenges this assumption and shatters it. He shows that Communist governments in a wide variety of settings have been no more successful in attending to the material needs of the most vulnerable segments of the populations they govern than non-Communist governments against which they might most readily be compared. Indeed, measured by the health, literacy, and nutrition of their people, Communist governments may today be less effective in dealing with poverty than are non-Communist governments.The Poverty of Communism is a pathbreaking investigation. In a series of separate studies, Eberstadt analyzes the performance of Communist governments in the Soviet Union, Eastern Europe, China, and Cuba. This is the first scholarly effort to assess the record of Communist governments with respect to poverty in a detailed and comprehensive fashion. Well written, carefully argued, and reflecting a sweeping range of knowledge, The Poverty of Communism will be of interest to specialists in the countries investigated as well as those concerned with comparative economic and political development. Above all, it gives test
This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing on specific topics related to the empirical analysis of monetary phenomena and policy. The early chapters cover factors determining the real quantity of money held in a community and the welfare implications of policies that affect the quantity held. The following chapters formally restate why quantity analysis has become central to the science of economics. Friedman's presidential address to the American Economic Association, included here, provides a general summary of his views on the role of monetary policy, with an emphasis on its limitations and its possibilities. This theoretical framework is used in examining a number of empirical problems: the demand for money, the explanation of price changes in wartime periods, and the role of money in business cycles. These essays summarize some of the most important results of Friedman's extensive research over the course of his lifetime. The chapters on policy that follow survey the positions of earlier economists and deal with the importance of lags and the implications of destabilizing speculation in foreign markets. Taken as a whole, The Optimum Quantity of Money provides a comprehensive view of the body of monetary theory developed in leading centers of monetary analysis. This work is essential reading for economists and graduate students in the field. The volume will be no less important for practicing business and banking personnel as well. The new statement by Michael Bordo, a student of Friedman's and an expert in the field, provides a sense of where the field now stands in the economy and academy.
In A Nation of Takers: America’s Entitlement Epidemic, one of our country’s foremost demographers, Nicholas Eberstadt, details the exponential growth in entitlement spending over the past fifty years. As he notes, in 1960, entitlement payments accounted for well under a third of the federal government’s total outlays. Today, entitlement spending accounts for a full two-thirds of the federal budget. Drawing on an impressive array of data and employing a range of easy-to-read, four-color charts, Eberstadt shows the unchecked spiral of spending on a range of entitlements, everything from Medicare to disability payments. But Eberstadt does not just chart the astonishing growth of entitlement spending, he also details the enormous economic and cultural costs of this epidemic. He powerfully argues that while this spending certainly drains our federal coffers, it also has a very real, long-lasting, negative impact on the character of our citizens. Also included in the book is a response from one of our leading political theorists, William Galston. In his incisive response, he questions Eberstadt’s conclusions about the corrosive effect of entitlements on character and offers his own analysis of the impact of American entitlement growth.
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.” The famed American work ethic was once near universal: men of sound mind and body took pride in contributing to their communities and families. No longer, warned Eberstadt. And now—six years and one catastrophic pandemic later—the problem has not only worsened: it has seemingly been spreading among prime-age women and workers over fifty-five. In a brand new introduction, Eberstadt explains how the government’s response to Covid-19 inadvertently exacerbated the flight from work in America. From indiscriminate pandemic shutdowns to almost unconditional “unemployment” benefits, Americans were essentially paid not to work. Thus today, despite the vaccine rollouts, inexplicable numbers of working age men and women are sitting on the sidelines while over 11 million jobs go unfilled. Current low rates of unemployment, touted by pundits and politicians, are grievously misleading. The truth is that fewer prime-age American men are looking for readily available work than at any previous juncture in our history. And others may be catching the “Men Without Work” virus too. Given the devastating economic impact of the Covid calamity and the unforeseen aftershocks yet to come, this reissue of Eberstadt’s groundbreaking work is timelier than ever.
Viewed from afar, North Korea may appear bizarre, or positively irrational. But as Nicholas Eberstadt demonstrates in this meticulously researched volume, there is a grim coherence to North Korea's political economy, and a ruthless logic undergirding it--one that unreservedly subordinates economic welfare to augmentation of political power. Thus, paradoxically, even as official policies and practices consign the DPRK economy to a perilous realm between crisis and catastrophe, the country's leadership maintains unchallenged domestic control and has actually managed to increase its international influence.Through painstaking collection of hard-to-uncover data and careful analysis, Eberstadt provides a quantitative tableau of North Korea's terrible failure in its economic race against South Korea; its stubborn adherence to policies all but guaranteed to stifle growth and undermine economic performance; and the longstanding official effort to ignore, or mitigate, pressures for economic reform.Eberstadt is skeptical of optimistic accounts from South Korea and elsewhere suggesting that the North Korean leadership is interested in resolving the current nuclear impasse, and getting on with the business of reform and development. So long as Pyongyang's rulers entertain the ambition of reunifying the Korean peninsula on its own terms, Eberstadt argues, economic reforms worthy of the name will be subversive of state authority--and vigilantly resisted by Pyongyang's rulers. This authoritative volume has received widespread attention from Asian specialists, well as those concerned with nuclear proliferation and world peace, and international relations professionals in general.
In Policy and Economic Performance in Divided Korea during the Cold War Era: 1945–91, Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for the Democratic People's Republic of Korea (DPRK, or North Korea) and the Republic of Korea (ROK, or South Korea) over two critical generations. By a number of indicators, Eberstadt argues, Kim Il Sung's North Korea actually outperformed South Korea for much of this period—not only in the years immediately following partition, but perhaps also into the 1970s.
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