MODERN MAN: Because men take longer to finish college and marry later than women, they are more likely to stick around their parents’ house. In 2012, 40% of millennial men (ages 18-31) lived at home. American men earn about 19% more than women.
Adults Age 25-34 Living At Home 1983-2013 (Alyson Hurt/NPR)
COLLEGE GRAD GENTRIFICATION: The more college grads, the more expensive the city, the more gentrification – less crime, better school, better restaurants, bars, museums, and art galleries. College graduates also live in the nicest cities in the country. They’re getting more benefits, even net of fact that they’re paying higher housing costs.
In 1980, a college graduate earned about 38% more than a worker with only a high-school diploma. By 2000, 57%. By 2011, 73%.
Nationwide education gentrification is at the scale of entire cities. Picture low-skilled workers increasingly excluded from Washington and San Francisco and segregated into cities like Toledo or Baton Rouge.
In the past, higher-wage cities attracted more workers, driving up the supply of labor and driving down the high wages that drew them to those cities in the first place, counteracting some of the inequality we see today.
A higher share of college graduates also yielded higher wages for workers without college degrees, likely because employers have to pay them more to keep them in higher-cost cities.
MILLENNIAL SAVE MORE: Millennials are more likely to have at least five months of living expenses saved. They tend to have lower expenses. They don’t have to put away as much because they are likely living at home with their parents or have roommates.
30 and 49 are more likely than any other age group to not have an emergency fund because those are the years they have a house, two or three kids and a dog. But they need the emergency savings more than anybody.”
Politics by Age (NYTIMES)
POLITICS BY BIRTH YEAR: Events at age 18 are about three times as powerful as those at age 40, according to the model.
Silent Generation (1941): By the time Eisenhower left office in 1961, people born in the early 1940s had accumulated pro-Republican sentiment that would last their entire lifetimes.
Baby Boomers (1952): Childhoods and formative years under Kennedy, Johnson and Nixon left them relatively pro-Democratic.
SECRET OF MOTIVATION & SUCCESS: Those with strong internal motives (become a leader) and strong instrumental motives (get a good job later in life) are the least successful. Most successful are those with only strong internal motives, followed by those with only strong instrumental motives.
MEN PREFER PAIN OVER MIND WANDERING: Most men would rather shock themselves than be alone with their thoughts. And while only 6 of the 24 women shocked themselves, 12 of the 18 men did so.
Men tend to be more “sensation seeking” than women. In other words, most men are more interested in seeking variety and stimulation than women are, even if that means getting 190 electric shocks in 15 minutes.
Being able to disengage mentally is an important attribute. It allows us to think about information that is not in the environment, which allows us to act in ways that aren’t directly influenced by our environmental stimuli. The ability to let the mind wander has been linked to greater working memory and increased creativity.
Low Energy, Low Ethics (HBR)
LESS ETHICAL AT NIGHT: When that energy is low, people are more likely to behave unethically. For example, people who didn’t sleep well the previous night can often act unethically, even if they aren’t unethical people. Larks will be more unethical at night than in the morning, and that owls will be more unethical in the morning than at night.