Episode 26
Forget class differences. How age divides America.
How did the oldest Americans become so rich and powerful? Yale’s Samuel Moyn talks about the growing age divide in America.
Americans over 54 now hold 70% of the nation’s wealth, while those under 40 scrape by on just 5%. Moyn - the author of Gerontocracy In America - explains how older Americans gained durable control over the economy, the housing market, and government spending.
He discusses generational gridlock, low-key rage, and aging politicians. And he explains the structural shifts need to prevent younger generations from being permanently locked out of the American dream.
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