That is how I would describe Tyler Cowen’s latest column.

higher income inequality will increase the appeal of traditional mores — of discipline and hard work — because they bolster one’s chances of advancing economically

Reading that, I could not help thinking of the Vickies in Neal Stephenson’s novel. You may recall that I attempted to dance around this theme at the Kauffman Foundation earlier this year.

A lot of people are noticing that the kids in Stanford’s computer science program are highly upwardly mobile, and kids who are acquiring anti-business values are downwardly mobile. I could give you lots of links, but you can start with Jon Evans.

most of the developed world is struggling with debilitating levels of unemployment; but at the same time, the tech world is booming like it’s 1999. Doesn’t that seem kind of weird?