Vibecession: Much More Than You Wanted To Know
Importance: 5 | # | acx
Are the youth succumbing to a “negativity bias” where they see the past through “rose-colored glasses”? Are the economists looking at some ivory tower High Modernist metric that fails to capture real life? Or is there something more complicated going on?
Scott aggregates explainations and gives his thoughts on the mismatch between the world doing better on most metrics that economists care about and the vibes being abysmal among youth.