assortative mating

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pages: 324 words: 93,175

The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home by Dan Ariely

Alvin Roth, An Inconvenient Truth, assortative mating, Bear Stearns, behavioural economics, Burning Man, business process, cognitive dissonance, Cornelius Vanderbilt, corporate governance, Daniel Kahneman / Amos Tversky, Demis Hassabis, end world poverty, endowment effect, Exxon Valdez, first-price auction, Ford Model T, Frederick Winslow Taylor, George Akerlof, happiness index / gross national happiness, hedonic treadmill, IKEA effect, Jean Tirole, job satisfaction, knowledge economy, knowledge worker, loss aversion, name-letter effect, Peter Singer: altruism, placebo effect, Richard Thaler, Saturday Night Live, search costs, second-price auction, Skinner box, software as a service, subprime mortgage crisis, sunk-cost fallacy, The Wealth of Nations by Adam Smith, ultimatum game, Upton Sinclair, young professional

While we can all think of examples of bold, talented, rich, or powerful yet aesthetically challenged men coupled with beautiful women (think of Woody Allen and Mia Farrow, Lyle Lovett and Julia Roberts, or almost any British rock star and his model/actress wife), assortative mating is generally a good description of the way people tend to find their romantic partners. Of course, assortative mating is not just about beauty; money, power, and even attributes such as a sense of humor can make a person more or less desirable. Still, in our society, beauty, more than any other attribute, tends to define our place in the social hierarchy and our assortative mating potential. Assortative mating is good news for the men and women sitting on the top rung of the attractiveness ladder, but what does it mean for the majority of us on the middle or lower rungs?

A Accessory Transit Company, 154 acknowledging workers, 74–76, 80 acronyms, 120 adaptation, 157–90 assortative mating and, 191–212; see also assortative mating focusing attention on changes and, 159–60 hedonic, 160–84; see also hedonic adaptation nineteenth-century experiments on, 157–58 to pain, 160–67 physical, 157–60, 161n sensory perception and, 158–60 Aesop, 198–99 agriculture, obesity and technological developments in, 8 AIDS, 250, 251 airlines, customer service problems of, 142–43 alienation of labor, 79–80 American Cancer Society (ACS), 241–42, 249–50, 254 Andrade, Eduardo, 262, 265, 267–68, 299 anger, acting on, 257 author��s anecdote of, 258–61 driving and, 261 ultimatum game and, 268, 269–70, 273, 274, 276 animals: empathy for suffering of, 249 generalizing about human behavior from studies on, 63 working for food preferred by, 59–63 annoying experiences: breaking up, 177–79, 180 decisions far into future affected by, 262–64 annuities, 234 anterior insula, 266–67 anticipatory anxiety, 45 Anzio, Italy, battle of (1944), 167 apathy toward large tragedies, 238–39 drop-in-the-bucket effect and, 244–45, 252, 254–55 statistical condition and, 238–41, 242, 246, 247–49, 252–53 apologies, 149–51 for medical errors, 152 Apple, 120n battery replacement issue and, 141–42 art, homemade, 89–90 Asian tsunami, 250, 251 assembly line, 78–79 assortative mating, 191–212 altering aesthetic perception and (sour grapes theory), 198–99, 200, 201, 203 author’s injuries and, 191–96, 210–11 dinner party game and, 198 failure to adapt and, 200–201, 203–5 gender differences and, 209, 211 HOT or NOT study and, 201–5, 208, 211 reconsidering rank of attributes and, 199–200, 201, 205–10 speed-dating experiment and, 205–10 Atchison, Shane, 140–41, 146 attachment: to one’s own ideas, see Not-Invented-Here (NIH) bias to self-made goods, see IKEA effect attractiveness, assortative mating and, 191–212 see also assortative mating auctions, first-price vs. second-price, 98–99 Audi customer service, author’s experience with, 131–36, 137, 149, 153–54 experimental situation analogous to, 135–39 fictional case study for Harvard Business Review based on, 147–49 B bailout, public outrage felt in response to, 128–31 baking mixes, instant, 85–87 bankers: author’s presentation of research findings to, 107–9, 121 bonus experiments and, 38–41, 51 Frank’s address to, 41 public outrage in response to bailout and, 128–31 bankruptcy, 129, 130 Barkan, Racheli, 39, 109–10, 299 basketball, clutch players in, 39–41 beauty: assortative mating and, 196–212; see also assortative mating general agreement on standard of, 203 Becker-DeGroot-Marschak procedure, 91 Beecher, Henry, 167 behavioral economics: goal of, 9–10 human rationality not assumed in, 6–7 revenge as metaphor for, 124n Betty Crocker, 87 Bible, Gideon’s conversation with God in, 288–89 blindness, adaptation to, 172–74 blogging, 65 Blunder (Shore), 117 boiling-frog experiment, 157–58 bonuses, 17–52 bank executives’ responses to research on, 37–39 clutch abilities and, 39–41 for cognitive vs. mechanical tasks, 33–36, 40–41 creativity improvements and, 47–48 experiments testing effectiveness of, 21–36, 44–46 Frank’s remarks on, 41 intuitions about, 36–37 inverse-U relationship between performance and, 20–21, 47 loss aversion and, 32–33 optimizing efficacy of, 51–52 public rage over, 21 rational economists’ view of, 36–37 social pressure and, 44–46 surgery situation and, 48–49 viewed as standard part of compensation, 33 in wake of financial meltdown of 2008, 131 brain: judgments about experiences and, 228–29 punishment and, 126 breaks, in pleasant vs. painful experiences, 177–81 Brickman, Philip, 170 business, experimental approach to, 292–93 C cake mixes, instant, 85–87 California, moving to, 176 Call, Josep, 127 cancer, American Cancer Society fundraising and, 241–42, 249–50, 254 canoeing, romantic relationships and, 278–79 cars, 215–16 designing one’s own, 88, 89 division of labor in manufacture of, 78–79 in early days of automotive industry, 94 hedonic treadmill and, 175 see also driving cell phones, 7 in experiments on customer revenge, 135–39, 145–46, 150–51 see also texting CEOs, very high salaries and bonuses paid to, 21 Chance, Zoë, 220, 300 changes: ability to focus attention on, 159–60 decisions about life’s path and, 287 in future, foreseeing adaptation to, 160, 171–74 status quo bias and, 285, 286 in workers’ pay, job satisfaction and, 169–70 charities: American Cancer Society (ACS), 241–42, 249–50, 254 calculating vs. emotional priming and, 246–48 emotional appeals and, 240–42, 248–50, 253–54, 256 identifiable victim effect and, 239–42, 248, 256 charities (cont.)

As I analyzed the situation over and over, my personal concerns soon developed into a more generalized interest in the romantic dance. Assortative Mating and Adaptation You don’t need to be an astute observer of human nature to realize that, in the world of birds, bees, and humans, like attracts like. To a large degree, beautiful people date other beautiful people, and “aesthetically challenged”* individuals date others like them. Social scientists have studied this birds-of-a-feather phenomenon for a long time and given it the name “assortative mating.” While we can all think of examples of bold, talented, rich, or powerful yet aesthetically challenged men coupled with beautiful women (think of Woody Allen and Mia Farrow, Lyle Lovett and Julia Roberts, or almost any British rock star and his model/actress wife), assortative mating is generally a good description of the way people tend to find their romantic partners.


Capitalism, Alone: The Future of the System That Rules the World by Branko Milanovic

affirmative action, Asian financial crisis, assortative mating, barriers to entry, basic income, Berlin Wall, bilateral investment treaty, Black Swan, Branko Milanovic, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carried interest, colonial rule, corporate governance, creative destruction, crony capitalism, deindustrialization, dematerialisation, Deng Xiaoping, discovery of the americas, European colonialism, Fall of the Berlin Wall, financial deregulation, Francis Fukuyama: the end of history, full employment, ghettoisation, gig economy, Gini coefficient, global supply chain, global value chain, Great Leap Forward, high net worth, household responsibility system, income inequality, income per capita, invention of the wheel, invisible hand, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, labor-force participation, laissez-faire capitalism, land reform, liberal capitalism, low skilled workers, Lyft, means of production, new economy, offshore financial centre, Paul Samuelson, plutocrats, post-materialism, purchasing power parity, remote working, rent-seeking, ride hailing / ride sharing, Robert Solow, Silicon Valley, single-payer health, special economic zone, Tax Reform Act of 1986, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thorstein Veblen, uber lyft, universal basic income, Vilfredo Pareto, Washington Consensus, women in the workforce, working-age population, Xiaogang Anhui farmers

It is also possible (although it is entirely speculative) that people’s preferences have changed, and that both men and women now prefer to be in a union with someone who is similar to them. Whatever the reasons for it, increasing homogamy is yet another factor that will push income inequality up. However, it will only push inequality up during the period of transition from nonassortative mating (or assortative mating with nonparticipation of wives in the labor force) to assortative mating. Once assortative mating and labor force participation rates have reached their limits, the inequality-enhancing effect disappears. Inequality stabilizes, albeit at a high level. Intergenerational transmission of inequality The final characteristic of capitalism that we will examine is the transmission of acquired advantages, notably wealth and “human capital,” across generations, often measured by the correlation between parents’ and children’s incomes (Table 2.1, row 6).

Consider two men, one who earns 50 units and another 100, and two women, one earning 10 units and the other 20. Now, suppose that there is some assortative mating (also called homogamy), that is, a positive correlation between husbands’ and wives’ earnings: thus the man with earnings of 100 marries the woman with earnings of 20, and the poorer man marries the poorer woman. But then assume that the rich wife drops out of the labor force (as in the 1950s), while in the other couple both continue to work. The ratio of the two family incomes will be 100 to 60. Now let the assortative mating remain the same, but both women (as today) stay in the labor force: the ratio of the two family incomes becomes 120 to 60, that is, inequality increases.

Now let the assortative mating remain the same, but both women (as today) stay in the labor force: the ratio of the two family incomes becomes 120 to 60, that is, inequality increases. The example shows that under conditions of assortative mating, inequality will go up if women’s participation in the workforce increases. It will go up even more if mating was previously random or disassortative (with richer men marrying poorer women). Some have argued that assortative mating has become much more common in liberal meritocratic capitalism because social norms have changed such that more women are highly educated (in fact, their graduation rates now exceed those of men), and many more work. It is also possible (although it is entirely speculative) that people’s preferences have changed, and that both men and women now prefer to be in a union with someone who is similar to them.


The Pattern Seekers: How Autism Drives Human Invention by Simon Baron-Cohen

23andMe, agricultural Revolution, airport security, Albert Einstein, Apollo 11, Asperger Syndrome, assortative mating, autism spectrum disorder, bioinformatics, coronavirus, corporate social responsibility, correlation does not imply causation, COVID-19, David Attenborough, discovery of penicillin, Elon Musk, en.wikipedia.org, Fellow of the Royal Society, Greta Thunberg, intentional community, invention of agriculture, Isaac Newton, James Watt: steam engine, Jim Simons, lateral thinking, longitudinal study, Menlo Park, meta-analysis, neurotypical, out of africa, pattern recognition, phenotype, Rubik’s Cube, Silicon Valley, six sigma, Skype, social intelligence, Stephen Hawking, Steven Levy, Steven Pinker, systems thinking, theory of mind, twin studies, zero-sum game

Baron-Cohen (2006), “Two new theories of autism: Hyper-systemizing and assortative mating,” Archives of Diseases in Childhood 91, 2–5; S. Connolly et al. (2019), “Evidence of assortative mating in autism spectrum disorder,” Biological Psychiatry 86(4), 286–293; A. E. Nordsletten et al. (2016), “Patterns of nonrandom mating within and across 11 major psychiatric disorders,” JAMA Psychiatry 73(4), 354–361; J. Wouter et al. (2016), “Exploring boundaries for the genetic consequences of assortative mating for psychiatric traits,” JAMA Psychiatry 73(11), 1189–1195. 15. Assortative mating could also explain why parents of autistic children tend to be older than average—it has just taken them longer to find someone who will marry them.

I was intrigued by what makes two hyper-systemizers more likely to end up as a couple. “Like marrying like” is what biologists call “assortative mating.”13 Assortative mating is widespread in nature. For example, in humans, tall people are more likely to marry tall people, extraverts are more likely to marry extraverts, and alcoholics are more likely to marry alcoholics. Based on our Parents’ Occupations Study, it seemed that hyper-systemizers were more likely to marry hyper-systemizers. This fits the “assortative mating” theory of autism, which predicts that autism rates will be higher among hyper-systemizing couples’ children or grandchildren.

.),” Journal of Experimental Marine Biology and Ecology 181, 145–157; A. Fargevieille et al. (2017), “Assortative mating by colored ornaments in blue tits: Space and time matter,” Ecology and Evolution 7(7), 2069–2078; G. Stulp et al. (2017), “Assortative mating for human height: A meta-analysis,” American Journal of Human Biology 29(1, January–February), e22917; K. Han, N. C. Weed, and J. N. Butcher (2003), “Butcher dyadic agreement on the MMPI-2,” Personality and Individual Differences 35, 603–615; and J. Glickson and H. Golan (2001), “Personality, cognitive style, and assortative mating,” Personality and Individual Differences 30, 1109–1209. 14.


pages: 898 words: 266,274

The Irrational Bundle by Dan Ariely

accounting loophole / creative accounting, air freight, Albert Einstein, Alvin Roth, An Inconvenient Truth, assortative mating, banking crisis, Bear Stearns, behavioural economics, Bernie Madoff, Black Swan, Broken windows theory, Burning Man, business process, cashless society, Cass Sunstein, clean water, cognitive dissonance, cognitive load, compensation consultant, computer vision, Cornelius Vanderbilt, corporate governance, credit crunch, Credit Default Swap, Daniel Kahneman / Amos Tversky, delayed gratification, Demis Hassabis, Donald Trump, end world poverty, endowment effect, Exxon Valdez, fake it until you make it, financial engineering, first-price auction, Ford Model T, Frederick Winslow Taylor, fudge factor, Garrett Hardin, George Akerlof, Gordon Gekko, greed is good, happiness index / gross national happiness, hedonic treadmill, IKEA effect, Jean Tirole, job satisfaction, John Perry Barlow, Kenneth Arrow, knowledge economy, knowledge worker, lake wobegon effect, late fees, loss aversion, Murray Gell-Mann, name-letter effect, new economy, operational security, Pepsi Challenge, Peter Singer: altruism, placebo effect, price anchoring, Richard Feynman, Richard Thaler, Saturday Night Live, Schrödinger's Cat, search costs, second-price auction, Shai Danziger, shareholder value, Silicon Valley, Skinner box, Skype, social contagion, software as a service, Steve Jobs, subprime mortgage crisis, sunk-cost fallacy, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Tragedy of the Commons, ultimatum game, Upton Sinclair, Walter Mischel, young professional

While we can all think of examples of bold, talented, rich, or powerful yet aesthetically challenged men coupled with beautiful women (think of Woody Allen and Mia Farrow, Lyle Lovett and Julia Roberts, or almost any British rock star and his model/actress wife), assortative mating is generally a good description of the way people tend to find their romantic partners. Of course, assortative mating is not just about beauty; money, power, and even attributes such as a sense of humor can make a person more or less desirable. Still, in our society, beauty, more than any other attribute, tends to define our place in the social hierarchy and our assortative mating potential. Assortative mating is good news for the men and women sitting on the top rung of the attractiveness ladder, but what does it mean for the majority of us on the middle or lower rungs?

A Accessory Transit Company, 154 acknowledging workers, 74–76, 80 acronyms, 120 adaptation, 157–90 assortative mating and, 191–212; see also assortative mating focusing attention on changes and, 159–60 hedonic, 160–84; see also hedonic adaptation nineteenth-century experiments on, 157–58 to pain, 160–67 physical, 157–60, 161n sensory perception and, 158–60 Aesop, 198–99 agriculture, obesity and technological developments in, 8 AIDS, 250, 251 airlines, customer service problems of, 142–43 alienation of labor, 79–80 American Cancer Society (ACS), 241–42, 249–50, 254 Andrade, Eduardo, 262, 265, 267–68, 299 anger, acting on, 257 author’s anecdote of, 258–61 driving and, 261 ultimatum game and, 268, 269–70, 273, 274, 276 animals: empathy for suffering of, 249 generalizing about human behavior from studies on, 63 working for food preferred by, 59–63 annoying experiences: breaking up, 177–79, 180 decisions far into future affected by, 262–64 annuities, 234 anterior insula, 266–67 anticipatory anxiety, 45 Anzio, Italy, battle of (1944), 167 apathy toward large tragedies, 238–39 drop-in-the-bucket effect and, 244–45, 252, 254–55 statistical condition and, 238–41, 242, 246, 247–49, 252–53 apologies, 149–51 for medical errors, 152 Apple, 120n battery replacement issue and, 141–42 art, homemade, 89–90 Asian tsunami, 250, 251 assembly line, 78–79 assortative mating, 191–212 altering aesthetic perception and (sour grapes theory), 198–99, 200, 201, 203 author’s injuries and, 191–96, 210–11 dinner party game and, 198 failure to adapt and, 200–201, 203–5 gender differences and, 209, 211 HOT or NOT study and, 201–5, 208, 211 reconsidering rank of attributes and, 199–200, 201, 205–10 speed-dating experiment and, 205–10 Atchison, Shane, 140–41, 146 attachment: to one’s own ideas, see Not-Invented-Here (NIH) bias to self-made goods, see IKEA effect attractiveness, assortative mating and, 191–212 see also assortative mating auctions, first-price vs. second-price, 98–99 Audi customer service, author’s experience with, 131–36, 137, 149, 153–54 experimental situation analogous to, 135–39 fictional case study for Harvard Business Review based on, 147–49 B bailout, public outrage felt in response to, 128–31 baking mixes, instant, 85–87 bankers: author’s presentation of research findings to, 107–9, 121 bonus experiments and, 38–41, 51 Frank’s address to, 41 public outrage in response to bailout and, 128–31 bankruptcy, 129, 130 Barkan, Racheli, 39, 109–10, 299 basketball, clutch players in, 39–41 beauty: assortative mating and, 196–212; see also assortative mating general agreement on standard of, 203 Becker-DeGroot-Marschak procedure, 91 Beecher, Henry, 167 behavioral economics: goal of, 9–10 human rationality not assumed in, 6–7 revenge as metaphor for, 124n Betty Crocker, 87 Bible, Gideon’s conversation with God in, 288–89 blindness, adaptation to, 172–74 blogging, 65 Blunder (Shore), 117 boiling-frog experiment, 157–58 bonuses, 17–52 bank executives’ responses to research on, 37–39 clutch abilities and, 39–41 for cognitive vs. mechanical tasks, 33–36, 40–41 creativity improvements and, 47–48 experiments testing effectiveness of, 21–36, 44–46 Frank’s remarks on, 41 intuitions about, 36–37 inverse-U relationship between performance and, 20–21, 47 loss aversion and, 32–33 optimizing efficacy of, 51–52 public rage over, 21 rational economists’ view of, 36–37 social pressure and, 44–46 surgery situation and, 48–49 viewed as standard part of compensation, 33 in wake of financial meltdown of 2008, 131 brain: judgments about experiences and, 228–29 punishment and, 126 breaks, in pleasant vs. painful experiences, 177–81 Brickman, Philip, 170 business, experimental approach to, 292–93 C cake mixes, instant, 85–87 California, moving to, 176 Call, Josep, 127 cancer, American Cancer Society fundraising and, 241–42, 249–50, 254 canoeing, romantic relationships and, 278–79 cars, 215–16 designing one’s own, 88, 89 division of labor in manufacture of, 78–79 in early days of automotive industry, 94 hedonic treadmill and, 175 see also driving cell phones, 7 in experiments on customer revenge, 135–39, 145–46, 150–51 see also texting CEOs, very high salaries and bonuses paid to, 21 Chance, Zoë, 220, 300 changes: ability to focus attention on, 159–60 decisions about life’s path and, 287 in future, foreseeing adaptation to, 160, 171–74 status quo bias and, 285, 286 in workers’ pay, job satisfaction and, 169–70 charities: American Cancer Society (ACS), 241–42, 249–50, 254 calculating vs. emotional priming and, 246–48 emotional appeals and, 240–42, 248–50, 253–54, 256 identifiable victim effect and, 239–42, 248, 256 charities (cont.)

As I analyzed the situation over and over, my personal concerns soon developed into a more generalized interest in the romantic dance. Assortative Mating and Adaptation You don’t need to be an astute observer of human nature to realize that, in the world of birds, bees, and humans, like attracts like. To a large degree, beautiful people date other beautiful people, and “aesthetically challenged”* individuals date others like them. Social scientists have studied this birds-of-a-feather phenomenon for a long time and given it the name “assortative mating.” While we can all think of examples of bold, talented, rich, or powerful yet aesthetically challenged men coupled with beautiful women (think of Woody Allen and Mia Farrow, Lyle Lovett and Julia Roberts, or almost any British rock star and his model/actress wife), assortative mating is generally a good description of the way people tend to find their romantic partners.


pages: 310 words: 85,995

The Future of Capitalism: Facing the New Anxieties by Paul Collier

"Friedman doctrine" OR "shareholder theory", accounting loophole / creative accounting, Airbnb, An Inconvenient Truth, assortative mating, bank run, Bear Stearns, behavioural economics, Berlin Wall, Bernie Sanders, bitcoin, Bob Geldof, bonus culture, business cycle, call centre, central bank independence, centre right, commodity super cycle, computerized trading, corporate governance, creative destruction, cuban missile crisis, David Brooks, delayed gratification, deskilling, Donald Trump, eurozone crisis, fake news, financial deregulation, full employment, George Akerlof, Goldman Sachs: Vampire Squid, greed is good, income inequality, industrial cluster, information asymmetry, intangible asset, Jean Tirole, Jeremy Corbyn, job satisfaction, John Perry Barlow, Joseph Schumpeter, knowledge economy, late capitalism, loss aversion, Mark Zuckerberg, minimum wage unemployment, moral hazard, negative equity, New Urbanism, Northern Rock, offshore financial centre, out of africa, Peace of Westphalia, principal–agent problem, race to the bottom, rent control, rent-seeking, rising living standards, Robert Shiller, Robert Solow, Ronald Reagan, shareholder value, Silicon Valley, Silicon Valley ideology, sovereign wealth fund, The Wealth of Nations by Adam Smith, theory of mind, too big to fail, trade liberalization, urban planning, web of trust, zero-sum game

The greater porousness of the old upper class is symbolized by the marriage of Prince William to Kate Middleton, whose mother had been an airline stewardess: Kate would not have been invited to a debutante ball. But ‘assortative mating’ among the old upper class has been replaced by even more effective assortative mating among the new elite.21 Prince William and Kate met while studying at St Andrews, an elite university. Like-marrying-like is a powerful force for social inequality. Such assortative mating, a force that helps stabilize marriages, inadvertently widens class divisions, but there is little that can be done about it. But some behaviour is exploitative, and could potentially be curbed.

This was soon supplemented by the legalization of abortion, a second line of defence behind contraception. The previous norms of the middle-generation couple, of gender hierarchy and mutual obligations to the other generations, were replaced in most educated households by mutual encouragement to self-fulfilment through personal achievement.1 Cohabitation and assortative mating turned the educated into well-matched couples, and so divorce rates declined. High-achieving parents aspired to pass their success on to their offspring, and so the gender hierarchy that had reflected the gender imbalance in education gave way to mutual parental hothousing. When I was a child I got no help with homework: no parental coaching or monitoring; no private tutors.

Success stabilizes such families; their children inherit the success of the parents. These families are having it all: they are becoming dynasties. In many other families, the adults have little education, and the skills they laboriously acquired have lost their value. They too are more likely to marry people like themselves, but this is due to shrinking opportunities: assortative mating among the educated has left women with fewer chances of marrying upwards; men have retained the traditional norm of breadwinner but are no longer able to live up to it; and parents have retained the traditional norm of leaving education to the school. The mounting tensions of failure destabilize the family; children inherit the instabilities of their parents.


Blueprint: The Evolutionary Origins of a Good Society by Nicholas A. Christakis

Abraham Maslow, agricultural Revolution, Alfred Russel Wallace, AlphaGo, Amazon Mechanical Turk, assortative mating, autism spectrum disorder, Cass Sunstein, classic study, CRISPR, crowdsourcing, data science, David Attenborough, deep learning, different worldview, disruptive innovation, domesticated silver fox, double helix, driverless car, Easter island, epigenetics, experimental economics, experimental subject, Garrett Hardin, intentional community, invention of agriculture, invention of gunpowder, invention of writing, iterative process, job satisfaction, Joi Ito, joint-stock company, land tenure, language acquisition, Laplace demon, longitudinal study, Mahatma Gandhi, Marc Andreessen, means of production, mental accounting, meta-analysis, microbiome, out of africa, overview effect, phenotype, Philippa Foot, Pierre-Simon Laplace, placebo effect, race to the bottom, Ralph Waldo Emerson, replication crisis, Rubik’s Cube, Silicon Valley, Skinner box, social intelligence, social web, stem cell, Steven Pinker, the scientific method, theory of mind, Tragedy of the Commons, twin studies, ultimatum game, zero-sum game

We measured whether regions of the human genome that show a tendency to be similar across spouses have been evolving faster over the past thirty thousand years, as we would expect if assortative mating conferred fitness advantages. And we found that loci exhibiting even moderate assortativity among spousal pairs were evolving faster than loci exhibiting no assortative mating or those exhibiting disassortative mating. In other words, something about assortative mating may enhance the fitness of humans and thus increase the prevalence of the relevant gene variants. Our analysis showed that, overall, people in our sample chose partners from the population at large who were genetically equivalent to fourth cousins (even though their partners were not actually related to them).

Human spouses generally resemble each other in many respects, including attractiveness, health, religion, politics, and so on. Some of this similarity comes from the widely observed tendency of spouses to convert to each other’s religions or adopt their food tastes. But most of this similarity comes about due to homogamy, or the tendency of like to marry like in the first place, which is known as assortative mating. Assortative mating can occur for traits that are mutable (such as religion) or immutable (such as a person’s height or ethnicity).46 Confusingly, humans sometimes manifest a tendency toward the practice of “opposites attract” with respect to certain traits as well. A century ago, evolutionary biologists and statisticians Ronald A.

A. Christakis, and J. H. Fowler, “The Evolution of Homophily,” Scientific Reports 2 (2012): 845. 52. In this case, genotypic assortative mating might turn an otherwise neutral mutant genotype into a kind of “good gene.” However, finding a mate with a minor allele might be costly when the mutant allele is not common and especially when it is not initially advantageous. 53. Jones and Ratterman, “Mate Choice”; Y. Jiang, D. I. Bolnick, and M. Kirkpatrick, “Assortative Mating in Animals,” American Naturalist 181 (2013): E125–E138; Russell, Wells, and Rushton, “Evidence for Genetic Similarity.” 54. R.


pages: 312 words: 91,835

Global Inequality: A New Approach for the Age of Globalization by Branko Milanovic

Asian financial crisis, assortative mating, Berlin Wall, bitcoin, Black Swan, Branko Milanovic, Capital in the Twenty-First Century by Thomas Piketty, centre right, colonial exploitation, colonial rule, David Ricardo: comparative advantage, deglobalization, demographic transition, Deng Xiaoping, discovery of the americas, European colonialism, Fall of the Berlin Wall, Francis Fukuyama: the end of history, full employment, Gini coefficient, Gunnar Myrdal, income inequality, income per capita, invisible hand, labor-force participation, liberal capitalism, low skilled workers, Martin Wolf, means of production, military-industrial complex, mittelstand, moral hazard, Nash equilibrium, offshore financial centre, oil shock, open borders, open immigration, Paul Samuelson, place-making, plutocrats, post scarcity, post-industrial society, profit motive, purchasing power parity, Ralph Nader, Robert Solow, Second Machine Age, seigniorage, Silicon Valley, Simon Kuznets, special economic zone, stakhanovite, trade route, transfer pricing, very high income, Vilfredo Pareto, Washington Consensus, women in the workforce

But we cannot tell whether this wage-stretching was a result of skill-biased technological change or globalization (in the form of displacement of domestic labor by cheaper imports and outsourcing). Assortative mating and change in family structure (e.g., more young people deciding to live alone) explained another 22 percent of the change. Women’s increased participation in the labor force, however, reduced inequality by some 19 percent. In the end, about 40 percent of the increase in income inequality remained as a residual. (It is interesting to speculate whether the increased participation of women in the labor force is related to the rising importance of assortative mating, and whether the net effect of these two phenomena on income inequality may be close to zero [22 minus 19, in this case].)

These policies failed, however, to fully offset the increase in German market income inequality: disposable income inequality still went up, even if by only 1 to 2 Gini points. Some other factors have also been adduced as “culprits” for increased inequality. One of these concerns behavioral changes, such as the greater prevalence of assortative mating, or homogamy; marriages between partners who both have high skills and high incomes have become more common than they were in the 1950s and 1960s (Greenwood et al. 2014). Another suggested cause involves vaguely defined changes in ethical or pay norms, which allow for much wider gaps between the pay of top managers and average workers (Levy and Temin 2007; Piketty 2014, chap. 9).

In the 1960s, when relatively few women worked (the participation rate in the labor force for women in the United States was 40 percent, vs. more than 90 percent for men),25 it was common for well-off men to marry women who did not work outside the household and thus did not contribute a monetized income. This practice tends to diminish inequality, in comparison with a situation where highly paid men marry highly paid women. The latter has indeed been happening more often in the past quarter century. Greenwood et al. (2014) document the increasing trend of homogamy (assortative mating) among American couples and consider it one of the contributing factors to rising income inequality. It is paradoxical that increasing inequality has resulted from a change in social norms that has seen the labor participation rate of women almost catch up with that of men (73 percent for women, 84 percent for men in 2010) and has encouraged marriages that are based on a model of equal partnership between people with similarities of interests and backgrounds rather than a hierarchical model where the husband is the breadwinner and the wife a homemaker.


pages: 550 words: 124,073

Democracy and Prosperity: Reinventing Capitalism Through a Turbulent Century by Torben Iversen, David Soskice

Andrei Shleifer, assortative mating, augmented reality, barriers to entry, Big Tech, Bretton Woods, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, central bank independence, centre right, clean tech, cloud computing, collateralized debt obligation, collective bargaining, colonial rule, confounding variable, corporate governance, Credit Default Swap, credit default swaps / collateralized debt obligations, deindustrialization, deskilling, Donald Trump, first-past-the-post, full employment, general purpose technology, gentrification, Gini coefficient, hiring and firing, implied volatility, income inequality, industrial cluster, inflation targeting, invisible hand, knowledge economy, labor-force participation, liberal capitalism, low skilled workers, low-wage service sector, means of production, middle-income trap, mirror neurons, mittelstand, Network effects, New Economic Geography, new economy, New Urbanism, non-tariff barriers, Occupy movement, offshore financial centre, open borders, open economy, passive investing, precariat, race to the bottom, radical decentralization, rent-seeking, RFID, road to serfdom, Robert Bork, Robert Gordon, Silicon Valley, smart cities, speech recognition, tacit knowledge, The Future of Employment, The Great Moderation, The Rise and Fall of American Growth, the strength of weak ties, too big to fail, trade liberalization, union organizing, urban decay, vertical integration, Washington Consensus, winner-take-all economy, working-age population, World Values Survey, young professional, zero-sum game

Thus, not only are companies and individuals embedded in skill clusters, but the embedding is reinforced by the cost to a relevantly skilled individual of leaving a cluster which “carries” his or her reputation. The same is true of companies. 5. Social networks: assortative mating and clusters of skill clusters. Skill clusters are themselves embedded within and across broader social networks of the highly educated; these seem of critical importance for our understanding of the knowledge economy, and big-city agglomeration. Meeting partners occurs often at university. Given the high lifetime income of graduates, assortative mating (being more likely to choose partners of the same educational background the higher the level of your education) has become a phenomenon of central importance as participation in higher education has risen.

Thus, partners, if they are following or likely to follow different careers, will want to settle in urban areas with wide enough skill clusters to accommodate both partners. The direct effect of assortative mating is thus that couples are likely to favor settling in cities with more skill clusters. This favors the growth of big cities. This dynamic is reinforced in two ways: first, going to university in a big city means less concern in choosing partners in any particular profession (or potential skill cluster). Second, equally important, and complementary to assortative mating, students tend to join together with friends and their partners in social networks; there seems good reason to believe that this constitutes a highly valuable resource subsequently in people’s careers in terms of contacts, new jobs, and perhaps career opportunities (as well as being central to satisfying human needs for friendship).

Second, equally important, and complementary to assortative mating, students tend to join together with friends and their partners in social networks; there seems good reason to believe that this constitutes a highly valuable resource subsequently in people’s careers in terms of contacts, new jobs, and perhaps career opportunities (as well as being central to satisfying human needs for friendship). Social networks, of any size and diversity, need large cities to provide the wide enough range of skill clusters. We can see how assortative mating and social network formation magnifies the inegalitarian effects of skill-biased technological change that economists have identified. By pairing people at similar skill levels and embedding them in complementary social groups, household income by education is becoming increasingly stratified. Assortative mating in the Fordist economy was less prevalent because careers tended to be highly gender segregated and stratified, and social networks were far less important for careers or as a source of insurance. 6.


pages: 463 words: 115,103

Head, Hand, Heart: Why Intelligence Is Over-Rewarded, Manual Workers Matter, and Caregivers Deserve More Respect by David Goodhart

active measures, Airbnb, Albert Einstein, assortative mating, basic income, Berlin Wall, Bernie Sanders, Big Tech, big-box store, Black Lives Matter, Boris Johnson, Branko Milanovic, Brexit referendum, British Empire, call centre, Cass Sunstein, central bank independence, centre right, computer age, corporate social responsibility, COVID-19, data science, David Attenborough, David Brooks, deglobalization, deindustrialization, delayed gratification, desegregation, deskilling, different worldview, Donald Trump, Elon Musk, emotional labour, Etonian, fail fast, Fall of the Berlin Wall, Flynn Effect, Frederick Winslow Taylor, future of work, gender pay gap, George Floyd, gig economy, glass ceiling, Glass-Steagall Act, Great Leap Forward, illegal immigration, income inequality, James Hargreaves, James Watt: steam engine, Jeff Bezos, job automation, job satisfaction, John Maynard Keynes: Economic Possibilities for our Grandchildren, knowledge economy, knowledge worker, labour market flexibility, lockdown, longitudinal study, low skilled workers, Mark Zuckerberg, mass immigration, meritocracy, new economy, Nicholas Carr, oil shock, pattern recognition, Peter Thiel, pink-collar, post-industrial society, post-materialism, postindustrial economy, precariat, reshoring, Richard Florida, robotic process automation, scientific management, Scientific racism, Skype, social distancing, social intelligence, spinning jenny, Steven Pinker, superintelligent machines, TED Talk, The Bell Curve by Richard Herrnstein and Charles Murray, The Rise and Fall of American Growth, Thorstein Veblen, twin studies, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, upwardly mobile, wages for housework, winner-take-all economy, women in the workforce, young professional

Christopher Chabris, professor of psychology at Union College in New York State, estimates that a random person with above-average intelligence has a two-thirds chance of earning an above-average income, while a random person of below-average intelligence has only a one-third chance. So it seems that there is strong evidence that increased levels of cognitive selection into higher education and the higher professions has helped to shape a cognitive class over the past seventy years, reinforced by “assortative mating,” in which like increasingly attracts like in marriage and partnering. Bright men and women were attracted to each in the past, too, but fifty years ago there were far fewer women at elite universities or in higher professional jobs, so the very brightest were less likely to meet up. Male doctors often married female nurses and male businessmen often married female secretaries.

According to research by the think tank Institute for Public Policy Research, 39 percent of women born in 1958 married a partner in the same social class, rising to 56 percent for those born twenty years later.27 David Willetts, the former Conservative minister, argued in his book The Pinch: How the Baby Boomers Took Their Children’s Future—and Why They Should Give It Back that such assortative mating has contributed to a slowing of social mobility. “If advantage marries advantage then we must not be surprised if social mobility suffers… [I]ncreasing equality between the sexes has meant increasing inequality between social classes. Feminism has trumped egalitarianism.”28 Charles Murray returns to this theme in his more recent book Coming Apart: The State of White America, 1960–2010 (2012).

In Coming Apart, Murray estimates that there will always be 14 percent of children in the top 5 percent of the IQ distribution curve who are the offspring of parents with below-average IQs. Others argue for much higher levels of genetic shuffling. Regression to the mean—meaning clever parents will sometimes have average children—still operates even if it has been slowed somewhat by assortative mating and educational investment. Overall, the evidence for the emergence of a hereditary cognitive meritocracy remains tentative and is contested. For example, Andrew Hacker, a teacher of political science and math at Queens College in New York, writes: “We know that well-off and otherwise accomplished parents can give their children a good start, or at least try.


pages: 506 words: 152,049

The Extended Phenotype: The Long Reach of the Gene by Richard Dawkins

Alfred Russel Wallace, assortative mating, Computing Machinery and Intelligence, Douglas Hofstadter, Drosophila, epigenetics, Gödel, Escher, Bach, impulse control, Menlo Park, Necker cube, p-value, Peter Pan Syndrome, phenotype, quantitative trading / quantitative finance, Recombinant DNA, selection bias, stem cell, Tragedy of the Commons

Hamilton also noted the idea’s inherent implausibility, but he went on ‘… exactly the same a priori objections might be made to the evolution of assortative mating which manifestly has evolved, probably many times independently and despite its obscure advantages’ (Hamilton 1964b, p. 25). It is worth briefly examining this comparison with assortative mating, which for present purposes I shall take to mean the tendency of individuals to prefer to mate with individuals that genetically resemble them. Why is it that the green-beard effect seems so much more far-fetched than assortative mating? It is not just that assortative mating is positively known to occur. I suggest another reason.

aposematism The phenomenon whereby distasteful or dangerous organisms like wasps ‘warn’ enemies by bright colours or equivalent strong stimuli. These are presumed to work by making it easy for the enemies to learn to avoid them, but there are (not insuperable) theoretical difficulties over how the phenomenon might evolve in the first place. assortative mating The tendency of individuals to choose mates that resemble (positive assortative mating or homogamy) or specifically do not resemble (negative assortative mating) themselves. Some people use the word only in the positive sense. autosome A chromosome that is not one of the sex chromosomes. Baldwin/Waddington Effect First proposed by Spalding in 1873. A largely hypothetical evolutionary process (also called genetic assimilation) whereby natural selection can create an illusion of the inheritance of acquired characteristics.

The green-beard effect is not a mechanism for the recognition of kin. Rather, kin recognition and ‘green-beard’ recognition are alternative ways in which genes could behave as if discriminating in favour of copies of themselves. To return to Hamilton’s comparison with assortative mating, we can see that it does not really provide good grounds for optimism over the plausibility of the green-beard effect. Assortative mating is much more likely to involve self-inspection. If, for whatever reason, it is an advantage in general for like to mate with like, selection would favour an armpit type of behavioural rule: Inspect yourself, and choose a mate that resembles you.


pages: 236 words: 77,546

The Cult of Smart: How Our Broken Education System Perpetuates Social Injustice by Fredrik Deboer

accounting loophole / creative accounting, Affordable Care Act / Obamacare, anti-communist, assortative mating, basic income, Bernie Sanders, collective bargaining, deindustrialization, desegregation, Donald Trump, fiat currency, Flynn Effect, full employment, gentrification, Great Leap Forward, helicopter parent, income inequality, knowledge economy, labor-force participation, liberal capitalism, longitudinal study, meta-analysis, new economy, New Urbanism, obamacare, Own Your Own Home, phenotype, positional goods, profit motive, RAND corporation, randomized controlled trial, Richard Florida, school choice, Scientific racism, selection bias, Silicon Valley, single-payer health, Steven Pinker, survivorship bias, trade route, twin studies, universal basic income, upwardly mobile, winner-take-all economy, young professional, zero-sum game

But his book shows that “the real class divide … is between the upper-middle class and everyone else.”7 This tendency of the upper middle class to replicate itself has likely been accelerating because of the depressing phenomenon of assortative mating. Assortative mating refers to the increasing tendency for people to marry and have children with partners who share the same educational and economic strata. The recent trends are clear: assortative mating by education level is growing, and this phenomenon is significantly increasing income inequality.8 (Worth mentioning in the context of this book is that there is some evidence of increasing genetic assortative mating—that is, people of similar genotypes do tend to partner together—but the effect is modest.)9 Given that the college educated are more likely to be progressive than the population writ large, this is another example of people with liberal beliefs contributing to an unequal society through their behavior.

Reeves, Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It (Washington, DC: Brookings Institution Press, 2017), 7. 8. Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, and Cezar Santos, “Marry Your Like: Assortative Mating and Income Inequality,” American Economic Review 104, no. 5 (2014): 348–353. 9. Benjamin W. Domingue, Jason Fletcher, Dalton Conley, and Jason D. Boardman, “Genetic and Educational Assortative Mating Among US Adults,” Proceedings of the National Academy of Sciences 111, no. 22 (2014): 7996–8000. 10. Ross Douthat, “The Secrets of Princeton,” New York Times, April 6, 2013. 11. “Elementary School Teacher Salary,” US News and World Report, no date, https://money.usnews.com/careers/best-jobs/elementary-school-teacher/salary. 12.

See also equality of opportunity Founding Fathers France, Anatole free college free market economics free trade Freud, Sigmund Friedman, Milton Friedman, Rose game theory. See zero-sum game gaps achievement and performance gaps gender gaps Obama on education gaps racial achievement gaps wage gaps Gates, Bill Gattaca (film) gender achievement gap gender essentialism gender wage gap genetic assortative mating genetics and achievement gaps and Flynn effect Genome-Wide Association Study and parenting and pseudoscientific racism Three Laws of Behavioral Genetics twin and adoption studies and Wilson effect See also behavioral genetics Genome-Wide Association Study (GWAS) Gentleman’s C gentrification genuine socialism gifted student programs globalization and collegiate arms race and knowledge economy and neoliberalism Goldin, Claudia “good life,” the Gottfredson, Linda GPA, high school graduation rates college high school and loosening of standards and moral choice and selection bias and special-needs students of women Great Recession Great Society liberals Green, Thomas Hill Greene, Jay P.


pages: 239 words: 69,496

The Wisdom of Finance: Discovering Humanity in the World of Risk and Return by Mihir Desai

activist fund / activist shareholder / activist investor, Albert Einstein, Andrei Shleifer, AOL-Time Warner, assortative mating, Benoit Mandelbrot, book value, Brownian motion, capital asset pricing model, Carl Icahn, carried interest, Charles Lindbergh, collective bargaining, corporate governance, corporate raider, discounted cash flows, diversified portfolio, Eugene Fama: efficient market hypothesis, financial engineering, financial innovation, follow your passion, George Akerlof, Gordon Gekko, greed is good, housing crisis, income inequality, information asymmetry, Isaac Newton, Jony Ive, Kenneth Rogoff, longitudinal study, Louis Bachelier, low interest rates, Monty Hall problem, moral hazard, Myron Scholes, new economy, out of africa, Paul Samuelson, Pierre-Simon Laplace, principal–agent problem, Ralph Waldo Emerson, random walk, risk/return, Robert Shiller, Ronald Coase, short squeeze, Silicon Valley, Steve Jobs, Thales and the olive presses, Thales of Miletus, The Market for Lemons, The Nature of the Firm, The Wealth of Nations by Adam Smith, Tim Cook: Apple, tontine, transaction costs, vertical integration, zero-sum game

“The Value of Marriage to Family Firms.” Journal of Financial and Quantitative Analysis 48, no. 2 (2013): 611–36. There is now a rich literature on recent trends in assortative mating: Greenwood, Jeremy, Nezih Guner, Georgi Kocharkov, and Cezar Santos. Marry Your Like: Assortative Mating and Income Inequality. Working paper no. 19829. National Bureau of Economic Research, January 2014; and Eika, Lasse, Magne Mogstad, and Basit Zafar. Educational Assortative Mating and Household Income Inequality. Working paper no. 20271. National Bureau of Economic Research, July 2014. Journalistic summaries are provided in Bennhold, Katrin.

Translation from academese: the Monte allowed elites to keep inmarrying (endogamy), rather than marrying up-and-comers with large cash dowries, and thereby perpetuated the economic strength of the elites rather than diluting that power. Indeed, these scholars point to the Monte as the reason for the durability of the elites of Florence relative to other elites in other city-states. The dowry fund encouraged what is known as “assortative mating,” where individuals mate with people like themselves rather than at random. As a result, elites could stay in power by creating strategic alliances between elite families. Marriages were, in effect, mergers between powerful families, and the Monte was the financing mechanism that allowed them to keep pursuing those mergers.

No such stock price appreciation happens when these children marry “commoners.” It’s not just in the cultures of Asia. Modern America is increasingly characterized by marriages of individuals with similar financial power. In fact, one of the major drivers of increasing income inequality recently has been the revival of assortative mating. With more marriages happening between individuals of similar earning power and educational pedigree, economic power has become more concentrated. Some estimates suggest that if mating were to happen as randomly as it did in 1960, household income inequality would have changed little over the last fifty years.


pages: 198 words: 52,089

Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It by Richard V. Reeves

affirmative action, Affordable Care Act / Obamacare, An Inconvenient Truth, assortative mating, Bernie Sanders, Branko Milanovic, Capital in the Twenty-First Century by Thomas Piketty, circulation of elites, cognitive dissonance, desegregation, Donald Trump, Downton Abbey, full employment, ghettoisation, glass ceiling, helicopter parent, Home mortgage interest deduction, housing crisis, income inequality, knowledge economy, land value tax, longitudinal study, meritocracy, mortgage tax deduction, obamacare, Occupy movement, plutocrats, positional goods, precautionary principle, race to the bottom, randomized controlled trial, restrictive zoning, unpaid internship, upwardly mobile, W. E. B. Du Bois, War on Poverty, We are the 99%, working-age population, zero-sum game

As Isabel Sawhill puts it in her book Generation Unbound: Drifting into Sex and Parenthood without Marriage, “family formation is a new fault line in the American class structure.”25 The rising disparity in earnings for both men and women is therefore amplified by class gaps in the chances of being in a relationship where resources and risks can be shared. Highly educated Americans are not just more likely to be married: they are more likely to be married to each other. This process, with the stunningly unromantic label of “assortative mating,” means that college grads marry college grads. To the extent that cognitive ability is reflected in educational attainment and passed on genetically, assortative mating is likely to further concentrate advantage. As Michael Young put it, “Love is biochemistry’s chief assistant.”26 Online dating has simply added some helpful algorithms. If you don’t want to look online, you could look around the lecture hall.

The share of marriages with two college graduates has grown from 3 percent in 1960 to 22 percent in 2012 (in large part, of course, because there are so many more female grads around).28 Households with two college graduates multiply that high earnings power by two, which widens the income gap. The combined effects of more women at work, changes in family structure, and increased assortative mating have widened income gaps. Gary Burtless estimates that between 10 percent and 16 percent of the rise in income inequality in the United States between 1979 and 2004 was caused by the “growing correlation of earned incomes received by husbands and wives.”29 Families with two college graduates will have more money to invest in their children.

The elite is on the way to becoming hereditary: the principles of hereditary and merit are coming together.5 High-IQ men and women seek each other out and have high-IQ children, who they then educate and train intensively. And so status becomes inherited again, just in a different and more apparently morally palatable way: “The top of today breeds the top of tomorrow.” It is hard not to read Young’s words and think of the growing evidence for “assortative mating” discussed in chapter 2. If smarts are what count, we are likely to seek intelligence in our mate, not just beauty or brawn. Unlike in Young’s dystopia, there is no government body in the contemporary United States measuring IQ on a regular basis. But educational achievements, highly valued in the market, get quite close.


pages: 741 words: 199,502

Human Diversity: The Biology of Gender, Race, and Class by Charles Murray

23andMe, affirmative action, Albert Einstein, Alfred Russel Wallace, Asperger Syndrome, assortative mating, autism spectrum disorder, basic income, behavioural economics, bioinformatics, Cass Sunstein, correlation coefficient, CRISPR, Daniel Kahneman / Amos Tversky, dark triade / dark tetrad, domesticated silver fox, double helix, Drosophila, emotional labour, epigenetics, equal pay for equal work, European colonialism, feminist movement, glass ceiling, Gregor Mendel, Gunnar Myrdal, income inequality, Kenneth Arrow, labor-force participation, longitudinal study, meritocracy, meta-analysis, nudge theory, out of africa, p-value, phenotype, public intellectual, publication bias, quantitative hedge fund, randomized controlled trial, Recombinant DNA, replication crisis, Richard Thaler, risk tolerance, school vouchers, Scientific racism, selective serotonin reuptake inhibitor (SSRI), Silicon Valley, Skinner box, social intelligence, Social Justice Warrior, statistical model, Steven Pinker, The Bell Curve by Richard Herrnstein and Charles Murray, the scientific method, The Wealth of Nations by Adam Smith, theory of mind, Thomas Kuhn: the structure of scientific revolutions, twin studies, universal basic income, working-age population

For general discussion of these assumptions with additional references, see Verweij, Mosing, Zietsch et al. (2012) and Appendix A of Barnes, Wright, Boutwell et al. (2014). 18. Genetic assortative mating needs to be discriminated from cultural transmission, which also tends to inflate the estimate of shared environmental effects. For a discussion of the assumptions of the classical twin model and an empirical assessment of assortative mating for intelligence, see Vinkhuyzen, van der Sluis, Maes et al. (2012). 19. A separate issue is the genome-wide genetic similarity of mates (e.g., see Domingue, Fletcher, Conley et al. (2014)). Here I am reporting evidence for phenotypic assortative mating on discrete traits that are known to be substantially heritable. 20.

The higher that correlation between the heights of the parents, the more that DZ twins resemble each other over and above the degree that would be predicted by their shared genes, but for a reason that has nothing to do with the environment. Suppose that the assortative mating increased the observed DZ correlation to +.6. In that case, the MZ twin correlation is unchanged at 1.0, but the Falconer formula would determine that the value of the shared environment, C, is 2 × .6 – .6 = .6, or 60 percent, which is inflated. In the real world, assortative mating is routine. At least when it comes to marriage, people tend to marry others who are similar on a wide variety of traits. The empirical reality of that statement has been established for a long time, beginning with Steven Vandenberg’s review of the early literature in 1972.19 Since then, extensive additional research has documented assortative mating for education, intelligence, political affiliation, mental illness, substance abuse, aggressive behavior, and criminal behavior.

The empirical reality of that statement has been established for a long time, beginning with Steven Vandenberg’s review of the early literature in 1972.19 Since then, extensive additional research has documented assortative mating for education, intelligence, political affiliation, mental illness, substance abuse, aggressive behavior, and criminal behavior. Often these correlations are substantial, in the region of +.4 to +.5.20 The expectation must be that assortative mating leads to consistent though modest underestimates of A in the ACE model. The Equal Environments Assumption On average, parents of MZ twins treat them more similarly than do parents of DZ twins.


pages: 287 words: 82,576

The Complacent Class: The Self-Defeating Quest for the American Dream by Tyler Cowen

affirmative action, Affordable Care Act / Obamacare, Airbnb, Alvin Roth, assortative mating, behavioural economics, Bernie Sanders, bike sharing, Black Lives Matter, Black Swan, business climate, business cycle, circulation of elites, classic study, clean water, David Graeber, declining real wages, deindustrialization, desegregation, digital divide, Donald Trump, driverless car, drone strike, East Village, Elon Musk, Ferguson, Missouri, Francis Fukuyama: the end of history, gentrification, gig economy, Google Glasses, Hyman Minsky, Hyperloop, income inequality, intangible asset, Internet of things, inventory management, knowledge worker, labor-force participation, low interest rates, low skilled workers, Marc Andreessen, Mark Zuckerberg, medical residency, meta-analysis, obamacare, offshore financial centre, Paradox of Choice, Paul Samuelson, Peter Thiel, public intellectual, purchasing power parity, Richard Florida, security theater, sharing economy, Silicon Valley, Silicon Valley ideology, Skype, South China Sea, Steven Pinker, Stuxnet, The Great Moderation, The Rise and Fall of American Growth, total factor productivity, Tyler Cowen, Tyler Cowen: Great Stagnation, upwardly mobile, Vilfredo Pareto, working-age population, World Values Survey

America’s prowess at matching means more segregation by income and educational status and indirectly more segregation by race in many parts of the country, even as racial tolerance has never been higher. It is price and rental rates that are driving different groups apart, not outright prejudice, so that good matching technologies can separate us more rapidly and more effectively than ever before. There is also more assortative mating of high earners and high achievers—the investment banker will marry another investment banker rather than a next-door neighbor or high school sweetheart or secretary. That’s great for wealthy and accomplished couples, but it is harder for many others to break into these very exclusive pairings.

Farmers, by the way, are especially likely to marry each other, in part because it’s a tough job with unusual hours and in part because both members of the potential couple tend to live in rural areas with a smaller number of other professions around. If you are getting up every morning at 4:30 a.m., there is something to be said for marrying another person who does the same.9 “Assortative mating”—that is, the marriage of people of similar educational and socioeconomic backgrounds—has become more widespread than in the past. That phrase refers to matching generally, but it also refers more specifically to men of high education and income marrying women of high education and income. More concretely, lawyers marry other law partners, or perhaps investment bankers, rather than their secretaries.

But that segregation also constitutes better matches—a positive word if you are either a successful company or someone with the skill set to be desirable to such a firm. Americans with potent talents are working together, and more effectively, than ever before, and that is a kind of successful matching, an assortative mating of IQ and talent at the corporate level. This new segregation has preserved the quality and cooperativeness of America’s very best clusters, such as tech businesses in Silicon Valley. A troublemaker can’t just show up at Google and set up a desk and start working and interacting with workers.


pages: 436 words: 140,256

The Rise and Fall of the Third Chimpanzee by Jared Diamond

agricultural Revolution, assortative mating, Atahualpa, Boeing 747, Columbian Exchange, correlation coefficient, double helix, Drosophila, Easter island, European colonialism, Great Leap Forward, invention of gunpowder, invention of the wheel, invention of writing, language acquisition, longitudinal study, out of africa, phenotype, planned obsolescence, Scientific racism, Search for Extraterrestrial Intelligence, the long tail, the scientific method, trade route

Walster et al, 'Importance of physical attractiveness in dating behavior', Journal of Personality and Social Psychology 4, pp. 508-16 (1966); J.N. Spuhler, 'Assortative mating with respect to physical characteristics', Eugenics Quarterly 15, pp. 128-40 (1968); E. Berscheid and K. Dion, 'Physical attractiveness and dating choice: a test of the matching hypothesis', Journal of Experimental Social Psychology 7, 173-89 (1971); S.G. Vandenberg, 'Assortative mating, or who marries whom? , Behavior Genetics 2, pp. 127-57 (1972); G.E. DeYoung and B. Fleischer, Motivational and personality trait relationships in mate selection', Behavior Genetics 6, pp. 1–6 (1976); E. Crognier, 'Assortative mating for physical features in an African population from Chad', Journal of Human Evolution 6, pp. 105–114 (1977); P.N.

Newcomb, Longitudinal study of marital success and failure', Journal of Consulting and Clinical Psychology 46, pp. 1053-70 (1978); R.C. Johnson etal, 'Secular change in degree of assortative mating for ability? , Behavior Genetics 10, PP- 1–8 (1980); W.E. Nance et al, 'A model for the analysis of mate selection in the marriages of twins', Acta Geneticae Medicae Gemellologiae 29, pp. 91-101 (1980); D. Thiessen and B. Gregg, 'Human assortative mating and genetic equilibrium: an evolutionary perspective', Ethology and Sociobiology 1, pp. 111—40 (1980); D.M. Buss, 'Human mate selection', American Scientist 73, pp. 47–51 (1985); A.C.

Make Andersson describes his experiments on how female widowbirds responded to males with artificially shortened or lengthened tails in an article 'Female choice selects for extreme tail length in a widowbird', Nature 299, pp. 818-20 (1982). Three papers describing mate choice by white, blue, or pink snow geese are by F. Cooke and C.M. McNally: 'Mate selection and colour preferences in Lesser Snow Geese', Behaviour 53, pp. 151-70 (1975); F. Cooke et al, 'Assortative mating in Lesser Snow Geese (Anser caerulescensY, Behavior Genetics 6, pp. 127-40 (1976); and F. Cooke andJ.C. Davies, 'Assortative mating, mate choice, and reproductive fitness in Snow Geese', pp. 279-95 in Mate Choice by Patrick Bateson, already cited. Chapter 7: Why Do We Grow Old and Die? The classic paper in which George Williams presented an evolutionary theory of aging is 'Pleiotropy, natural selection, and the evolution of senescence', Evolution 11, pp. 398–411 (1957).


pages: 693 words: 169,849

The Aristocracy of Talent: How Meritocracy Made the Modern World by Adrian Wooldridge

"World Economic Forum" Davos, Ada Lovelace, affirmative action, Alan Greenspan, Albert Einstein, assortative mating, barriers to entry, Bernie Sanders, Black Lives Matter, Bletchley Park, borderless world, Boris Johnson, Brexit referendum, business intelligence, central bank independence, circulation of elites, Clayton Christensen, cognitive bias, Corn Laws, coronavirus, corporate governance, correlation coefficient, COVID-19, creative destruction, critical race theory, David Brooks, Dominic Cummings, Donald Trump, Double Irish / Dutch Sandwich, Etonian, European colonialism, fake news, feminist movement, George Floyd, George Gilder, Gini coefficient, glass ceiling, helicopter parent, Home mortgage interest deduction, income inequality, intangible asset, invention of gunpowder, invention of the printing press, Isaac Newton, Jeff Bezos, Jeremy Corbyn, Jim Simons, joint-stock company, Joseph Schumpeter, knowledge economy, knowledge worker, land tenure, London Interbank Offered Rate, Long Term Capital Management, Louis Pasteur, Mahatma Gandhi, Mark Zuckerberg, means of production, meritocracy, meta-analysis, microaggression, mortgage tax deduction, Myron Scholes, offshore financial centre, opioid epidemic / opioid crisis, Panopticon Jeremy Bentham, Peter Thiel, plutocrats, post-industrial society, post-oil, pre–internet, public intellectual, publish or perish, Ralph Waldo Emerson, RAND corporation, rent-seeking, Richard Florida, Ronald Reagan, scientific management, sexual politics, shareholder value, Sheryl Sandberg, Silicon Valley, spinning jenny, Steve Bannon, Steven Pinker, supply-chain management, surveillance capitalism, tech bro, The Bell Curve by Richard Herrnstein and Charles Murray, The Wealth of Nations by Adam Smith, Thorstein Veblen, three-martini lunch, Tim Cook: Apple, transfer pricing, Tyler Cowen, unit 8200, upwardly mobile, Vilfredo Pareto, W. E. B. Du Bois, wealth creators, women in the workforce

‘Tom Brown’s School-days’ have been replaced by ‘Tom Brown’s Porsche Days’, as John Rae, a former headmaster of Westminster once put it, with pupils bent on getting the right grades and forging the right contacts so that they can eventually buy that red Porsche and a house in the south of France.9 ASSORTATIVE MATING The marriage of money and merit is being driven by two of humanity’s most basic instincts: our tendency to marry people like ourselves (assortative mating) and our desire to do the best for our children. We may continue to read our children stories about Cinderella marrying a prince, but in the real world university graduates marry other university graduates and high-school dropouts marry other high-school dropouts.

Intellectual aristocrats weren’t bound by the same rules as landed aristocrats: intellectual patrimonies weren’t diluted in the same way as landed patrimonies if you didn’t entail them to your eldest sons; you didn’t cheat your sons if you invested in your daughters. Intellectual aristocrats also married other intellectual aristocrats in an early example of the assortative mating that has done so much to shape our own times. So they were surrounded by broods of clever children, girls as well as boys and, increasingly, the girls weren’t willing to play second fiddle to their brothers, or reconcile themselves to a life as baby-machines. Henry Sidgwick, a Cambridge philosopher, married Eleanor Balfour, niece of Lord Salisbury (prime minister 1885–6, 1886–92, 1895–1902) and elder sister of Arthur Balfour (prime minister 1902–5) and a formidable figure in her own right who eventually became principal of Newnham College, Cambridge (1892–1910).

A glance at the annual Record of Balliol College, Oxford, with its litany of ‘all Balliol’ marriages and ‘all Balliol’ babies, shows that the old adage that ‘at the top of the tree in every profession you will find an arboreal slum of Balliol men’ needs to be modified to include ‘Balliol women and babies’. Assortative mating acts as a mighty multiplier of inequality: two married lawyers are substantially richer than two married shelf-stackers. It also has a much bigger impact on the overall tenor of society than the existence of a handful of billionaires somewhere in the stratosphere. One academic study of the United States shows that in 1960 a couple of high-school graduates who married each other earned about 103 per cent of the average household income.


pages: 325 words: 73,035

Who's Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life by Richard Florida

Abraham Maslow, active measures, assortative mating, back-to-the-city movement, barriers to entry, big-box store, blue-collar work, borderless world, BRICs, business climate, Celebration, Florida, correlation coefficient, creative destruction, dark matter, David Brooks, David Ricardo: comparative advantage, deindustrialization, demographic transition, edge city, Edward Glaeser, epigenetics, extreme commuting, financial engineering, gentrification, Geoffrey West, Santa Fe Institute, happiness index / gross national happiness, high net worth, income inequality, industrial cluster, invention of the telegraph, Jane Jacobs, job satisfaction, Joseph Schumpeter, knowledge economy, knowledge worker, low skilled workers, megacity, new economy, New Urbanism, Peter Calthorpe, place-making, post-work, power law, Richard Florida, risk tolerance, Robert Gordon, Robert Shiller, Seaside, Florida, Silicon Valley, Silicon Valley startup, superstar cities, The Death and Life of Great American Cities, the strength of weak ties, The Wealth of Nations by Adam Smith, Thomas L Friedman, Tyler Cowen, urban planning, World Values Survey, young professional

It’s hard to fault people for what Nobel Prize winner Gary Becker termed “assortative mating,” the tendency to pair off with someone like themselves.10 And in a world in which highly talented and highly paid people concentrate in the same handful of places, it should come as little surprise that they are marrying each other. Over time, this growing tendency of like marrying like will only reinforce clustering and geographic sorting along class lines, giving the emerging map of social, economic, and cultural segregation even greater permanence. It stands to reason that assortative mating reflects economic inequality, but recent research also offers evidence that the phenomenon is a driving force behind disparities in wealth as well.

A study by economists Raquel Fernández and Richard Rogerson, published in 2001 in the Quarterly Journal of Economics, concluded that increased marital sorting (whereby high earners marry high earners) “will significantly increase income inequality.” 11 Likewise, a 2003 analysis by Brookings economist Gary Burtless found that increased marital sorting between 1979 and 1996 was behind 13 percent of the growth in economic inequality during that period. Burtless cautions, however, that he does not believe assortative mating is necessarily more pronounced than it used to be: men have long married women of their own social class. “Now that women who are in a position to [work or pursue advanced degrees] are attending college and graduate school and joining the professions,” writes Annie Murphy Paul in the New York Times, “the economic consequences of Americans’ assortative mating habits are becoming clearer.” Also behind increasing socioeconomic inequality is a growing gap between married couples and single people.

Index Adelaide Aesthetic-amenity premium Aesthetics community happiness and importance of industrial place choice and Agglomeration Agriculture Allen, Woody Amabile, Teresa Amazon Am-Brus-Twerp region (fig.) American Community Survey Amman Amsterdam Anderson, Brad Anholt, Simon See also City Brands Index Antwerp Apor, Jane the Arcade Fire Armani Art scenes Assortive mating Atlanta Atlantic, The Auckland Austin Australia Austria Avent, Ryan Axtell, Robert Baby boomers Baltimore Bangalore Bangalore-Madras(fig.) Bangkok(fig.)(fig.) Barber, Benjamin Barcelona Barce-Lyon(fig.) Basic services importance of place choice and Batty, Michael Beatles, The Beautiful cities Beauty premium Becker, Gary Beijing(fig.)


pages: 976 words: 235,576

The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite by Daniel Markovits

8-hour work day, activist fund / activist shareholder / activist investor, affirmative action, algorithmic management, Amazon Robotics, Anton Chekhov, asset-backed security, assortative mating, basic income, Bernie Sanders, big-box store, business cycle, capital asset pricing model, Capital in the Twenty-First Century by Thomas Piketty, Carl Icahn, carried interest, collateralized debt obligation, collective bargaining, compensation consultant, computer age, corporate governance, corporate raider, crony capitalism, David Brooks, deskilling, Detroit bankruptcy, disruptive innovation, Donald Trump, Edward Glaeser, Emanuel Derman, equity premium, European colonialism, everywhere but in the productivity statistics, fear of failure, financial engineering, financial innovation, financial intermediation, fixed income, Ford paid five dollars a day, Frederick Winslow Taylor, fulfillment center, full employment, future of work, gender pay gap, gentrification, George Akerlof, Gini coefficient, glass ceiling, Glass-Steagall Act, Greenspan put, helicopter parent, Herbert Marcuse, high net worth, hiring and firing, income inequality, industrial robot, interchangeable parts, invention of agriculture, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, John Maynard Keynes: Economic Possibilities for our Grandchildren, junk bonds, Kevin Roose, Kiva Systems, knowledge economy, knowledge worker, Kodak vs Instagram, labor-force participation, Larry Ellison, longitudinal study, low interest rates, low skilled workers, machine readable, manufacturing employment, Mark Zuckerberg, Martin Wolf, mass incarceration, medical residency, meritocracy, minimum wage unemployment, Myron Scholes, Nate Silver, New Economic Geography, new economy, offshore financial centre, opioid epidemic / opioid crisis, Paul Samuelson, payday loans, plutocrats, Plutonomy: Buying Luxury, Explaining Global Imbalances, precariat, purchasing power parity, rent-seeking, Richard Florida, Robert Gordon, Robert Shiller, Robert Solow, Ronald Reagan, Rutger Bregman, savings glut, school choice, shareholder value, Silicon Valley, Simon Kuznets, six sigma, Skype, stakhanovite, stem cell, Stephen Fry, Steve Jobs, stock buybacks, supply-chain management, telemarketer, The Bell Curve by Richard Herrnstein and Charles Murray, The Theory of the Leisure Class by Thorstein Veblen, Thomas Davenport, Thorstein Veblen, too big to fail, total factor productivity, transaction costs, traveling salesman, universal basic income, unpaid internship, Vanguard fund, War on Poverty, warehouse robotics, Winter of Discontent, women in the workforce, work culture , working poor, Yochai Benkler, young professional, zero-sum game

But even if innocently brokered, these marriages, taken all together, enormously concentrate the elite, both within a generational cohort and especially down through the generations. Assortative mating increases economic inequality within the marrying cohort, operating literally as a multiplier for the already growing inequality produced by rising top labor incomes. If marriage pairings had been random by education in 1960, this would have had no observable effect on household income inequality. But when highly paid superordinate workers pair off, marriage ceases to be neutral. Replacing today’s actual pattern of assortative mating with random pairings, or indeed with the lower level of assortative mating from 1960, would reduce overall inequality by a fifth or more.

Moreover, the rich make these choices not severally but together, embedded in communities of other rich people making similar choices. Children of rich parents are conceived, borne, and born in markedly more auspicious circumstances than middle-class children enjoy. The elite increasingly marry each other—a practice that economists have given the ugly name assortative mating. Assortative mating had been common during the last decades of the nineteenth century, among the aristocracy in the Gilded Age, but then declined over the first half of the twentieth century. By 1960 only 3 percent of American marriages were between partners who both possessed college degrees. Meritocratic inequality renewed the elite’s preference for elite mates, so that by 2010, fully 25 percent of couples were composed of two college graduates.

Replacing today’s actual pattern of assortative mating with random pairings, or indeed with the lower level of assortative mating from 1960, would reduce overall inequality by a fifth or more. In addition, assortative mating increases educational inequality in the next generation down. Elites do not just increasingly marry each other but also increasingly stay married and raise children within mature, stable marriages. This difference increasingly distinguishes the elite from not just the poor but also the middle class. And the distinction confers a massive advantage on children born into rich families. To begin with, elite, educated women increasingly bear children only after marrying, as compared to their less elite, less educated counterparts. In 1970, out-of-marriage births accounted for only about 10 percent of births to women across all education levels.


pages: 309 words: 91,581

The Great Divergence: America's Growing Inequality Crisis and What We Can Do About It by Timothy Noah

air traffic controllers' union, Alan Greenspan, assortative mating, autonomous vehicles, Bear Stearns, blue-collar work, Bonfire of the Vanities, Branko Milanovic, business cycle, call centre, carbon tax, collective bargaining, compensation consultant, computer age, corporate governance, Credit Default Swap, David Ricardo: comparative advantage, Deng Xiaoping, easy for humans, difficult for computers, Erik Brynjolfsson, Everybody Ought to Be Rich, feminist movement, Ford Model T, Frank Levy and Richard Murnane: The New Division of Labor, Gini coefficient, government statistician, Gunnar Myrdal, income inequality, independent contractor, industrial robot, invisible hand, It's morning again in America, job automation, Joseph Schumpeter, longitudinal study, low skilled workers, lump of labour, manufacturing employment, moral hazard, oil shock, pattern recognition, Paul Samuelson, performance metric, positional goods, post-industrial society, postindustrial economy, proprietary trading, purchasing power parity, refrigerator car, rent control, Richard Feynman, Ronald Reagan, shareholder value, Silicon Valley, Simon Kuznets, Stephen Hawking, Steve Jobs, subprime mortgage crisis, The Spirit Level, too big to fail, trickle-down economics, Tyler Cowen, Tyler Cowen: Great Stagnation, union organizing, upwardly mobile, very high income, Vilfredo Pareto, War on Poverty, We are the 99%, women in the workforce, Works Progress Administration, Yom Kippur War

Single mothers are now more likely to file for bankruptcy than the elderly, divorced men, members of ethnic minorities, and inhabitants of low-income neighborhoods.26 Do greater financial risk, increased assortative mating, and the rise of single-parent households—all by-products of women’s growing clout in the economy—contribute to the Great Divergence? In the case of economic risk, the answer is yes in the abstract—families at greater risk of going bankrupt are by definition at greater risk of lowering their income. But if the reason for their instability is that they rely on more income than they once did (from two sources rather than one), it would seem perverse to blame the Great Divergence on two-income families. Assortative mating clearly did contribute to the Great Divergence.

Assortative mating clearly did contribute to the Great Divergence. But since income-based assortative mating has also been on the rise abroad—one study has it rising within OECD countries from 33 percent to 40 percent during the past two decades—it seems doubtful that assortative mating did much to make the Great Divergence so much worse in the United States than income-inequality trends in other industrialized democracies.27 As for single parenthood, its contribution to the Great Divergence must be judged minimal because it increased mostly before 1980, when the Great Divergence was just getting under way. By the early 1990s, the growth in single-parent households halted altogether, and though it resumed in the aughts the rate of growth was significantly slower.28 Another consideration is that single parenthood is today less damaging economically than it was at the start of the Great Divergence.

Where taxicab drivers once were employed by cab companies, by 2006 most of them leased their cabs from cab companies, an arrangement that required them to acquire their own gasoline and their own auto insurance and to take the losses when business was slow.22 Shifts in Marriage Patterns People like to procreate with people like themselves. Biologists refer to this as “assortative mating.” One particularly strong affinity is economic. People tend to marry people whose incomes are at roughly the same level as their own. Back when women didn’t typically have professional careers, the opportunities for a male lawyer on his way to making partner to marry a female lawyer on her way to making partner were few and far between.


pages: 484 words: 131,168

The Big Sort: Why the Clustering of Like-Minded America Is Tearing Us Apart by Bill Bishop, Robert G. Cushing

1960s counterculture, Abraham Maslow, affirmative action, American Legislative Exchange Council, An Inconvenient Truth, assortative mating, big-box store, blue-collar work, Cass Sunstein, citizen journalism, cognitive dissonance, David Brooks, demographic transition, desegregation, Edward Glaeser, immigration reform, income inequality, industrial cluster, Jane Jacobs, knowledge economy, longitudinal study, Maslow's hierarchy, mass immigration, meta-analysis, Milgram experiment, music of the spheres, New Urbanism, post-industrial society, post-materialism, Ralph Nader, Recombinant DNA, Richard Florida, Robert Solow, Ronald Reagan, Silicon Valley, stem cell, Steve Jobs, superstar cities, The Death and Life of Great American Cities, the long tail, the strength of weak ties, union organizing, War on Poverty, white flight, World Values Survey

THE POLITICS OF MIGRATION OPPOSITES DON'T ATTRACT. Psychologists know that people seek out others like themselves for marriage and friendship. That the same phenomenon could be taking place between people and communities isn't all that surprising. "Mobility enables the sociological equivalent of assortative mating,'" explained social psychologist David Myers. Assortative mating—the tendency of similar types to pair up—has been studied as a cause of poverty and autism. But Myers was making a different point. Our wealth, education, and ability to move have allowed us to seek "those places and people that are comfortably akin to ourselves."1 The United States was shaped by migration.

Not Hearing the Other Side Even if Americans don't live among those from another party as much as they did a generation ago, they certainly have increasing access through the media and the Internet to all manner of opinions and points of view. The choice is there, but there is a media corollary to the phenomenon of assortative mating. Given unprecedented media choices, people self-segregate into their own gated media communities. In cities (most outside the United States) where a variety of newspapers reflect an array of political points of view, people don't buy several newspapers to learn what others are thinking. Instead, they buy the one that best fits their political proclivities.

., [>] n Alcohol use, [>] ALEC, [>]–[>] ALICE, [>] All the King's Men (Warren), [>] Allen, George, [>] Allport, Gordon, [>] Amazon.com, [>] America Coming Together (ACT), [>], [>], [>], [>] American Center for Law and Justice, [>] American Civil Liberties Union (ACLU), [>] American Constitution Society, [>] American Enterprise Institute, [>] American Evangelism (Hunter), [>]–[>] n American Legion, [>], [>] American Legislative Exchange Council (ALEC), [>]–[>] American Legislative Issue Campaign Exchange (ALICE), [>] American Political Science Association, [>] Americans for Democratic Action, [>] The Anatomy of Buzz (Rosen), [>] n Anderson, Chris, [>] n Anderson, Sherry Ruth, [>]–[>] Anomie, [>] Antiwar protests, [>]–[>], [>] Apathy, benefits of, [>]–[>] Appalachian Regional Commission, [>] Apple Corp, [>], [>] Applebee's, [>]–[>], [>], [>], [>]–[>] Ardery, Julia, [>] Arizona. See Phoenix, Ariz Armey, Dick, [>] Armstrong, Jerome, [>], [>] Armstrong, Lance, [>] Assortative mating, [>], [>] Atlanta, Ga.. blacks in, [>], [>], [>]; creative-class workers in, [>]; as high-tech city, [>] n, [>], [>], migration to, [>], [>], [>], [>] Atlantic magazine, [>] The Atlas of North American English (Labov), [>] n Austin, Tex.. Bishops'neighborhood in, [>]–[>], [>], [>], [>], boundaries of, [>] n; churches in, [>]–[>]; Clarksville neighborhood in, [>]–[>]; conservatives in Dallas versus, [>]; creative-class workers in, [>]; educational level of residents of, [>]; and environmentalism, [>], [>] n; government in, [>]; as high-tech city, [>], [>] n, [>]; interest groups in, [>]; and midterm elections (2006), [>]; migration to, [>], [>], [>], [>], [>], school in, [>], as superstar city, [>]; and transportation, [>]; wages in, [>] Austin American-Statesman, [>], [>] n, [>], [>] Automobiles, [>] n, [>], [>] Babington, Charles, [>] Bacon, Francis, [>] Bai, Matt, [>] Baltimore, Md., [>] Barnes, Fred, [>] Barnett, Guy, [>] Baron, Robert, [>], [>], [>] Bartels, Larry, [>], [>] Baton Rouge, La., [>]–[>] Baton Rouge Advocate, [>], [>] Battlo, Jean, [>] Bay Area Center for Voting Research, [>] n Bayh, Evan, [>] Baylor College of Medicine, [>] Baylor University Institute for Studies of Religion, [>] n Beasley, Jerry, [>] Belgium, [>], [>] Bell, Daniel, [>], [>] Bell, Terrel, [>] Bellamy, Bill, [>], [>], [>], [>] n Bennett, Anina, [>] Bennett, Joni, [>] Benson, Duane, [>]–[>] Berger, Peter, [>] Berkeley, Calif., [>] n Berry, Jon, [>] n Bethlehem, N.H., [>] n Bible-beliefs about, [>], [>], [>]; and emerging churches, [>], high school course on, [>], and social reform, [>].


pages: 261 words: 72,277

Invisible Influence: The Hidden Forces that Shape Behavior by Jonah Berger

Apollo 11, assortative mating, barriers to entry, cotton gin, cuban missile crisis, desegregation, double helix, driverless car, fixed-gear, flying shuttle, Google Glasses, job satisfaction, messenger bag, meta-analysis, mirror neurons, PalmPilot, Ronald Reagan, six sigma, spinning jenny, The Wisdom of Crowds, twin studies, white flight, Yogi Berra

See Pike, Thomas, and Kevin Laland (2010), “Conformist Learning in Nine-Spined Sticklebacks’ Foraging Decisions,” Biology Letters 6, 466–68. 4. Little, Anthony C., Michael Burt, and David Perrett (2006), “Assortative Mating for Perceived Facial Personality Traits,” Personality and Individual Differences 40, 973–84; Hinsz, Verlin (1989), “Facial Resemblance in Engaged and Married Couples,” Journal of Social and Personal Relationships 6, 223–29; Griffiths, Wayne, and Phillip Kunz (1973), “Assortative Mating: A Study of Physiognomic Homogamy,” Social Biology 20, 448–53; Zajonc, Robert, Pamela Adelmann, Sheila Murphy, and Paula Niedenthal (1987), “Convergence in the Physical Appearance of Spouses,” Motivation and Emotion 11, 335–46. 5.

Genetics aren’t the only reason siblings look similar, though, because married couples actually resemble one another as well. Even though spouses aren’t related, their faces look alike. Compare two married people with two people selected at random and the married people look more similar. Part of this similarity is driven by assortative mating. People tend to marry others of similar ages, nationalities, and racial backgrounds. Swedes tend to marry Swedes, twenty-year-olds tend to marry twenty-year olds, and South Africans tend to marry South Africans. Birds of a feather flock together, as they say. Further, people tend to like others that look like them.

Abacus watch, 124 Abercrombie & Fitch, 101, 107, 108, 110 Academic performance birth order and, 66 race and, 16, 117–20, 141–42 “Acting white,” 117–20, 121, 141–42 Adoption studies, 68 Advertising signaling used in, 140 social class and, 94–95 African Americans, 117–20, 121, 141–42 Afunctionality, 124–27 Aguilera, Christina, 44 Ahrendts, Angela, 143–44 AIDS/HIV transmission, signaling and, 121 Allen, Ray, 207 Ants, social facilitation and, 189 Apollo 11 space shuttle (watches made from fragments of), 123 Apple, 97, 103, 184n, 185 Arpa, Yvan, 128 Art preferences, 16, 70–71, 72, 73 Asch, Solomon, 20, 22–24, 29, 58 Assortive mating, 31 Athletics. See Sports/athletics Audience effects, 189n Autokinetic effect, 21 Automobiles, 2–4, 15, 16 differentiation of, 83 introduction of, 182–83 logos on, 133 optimal distinction in, 177–79 signals conveyed by, 107–8, 122, 123, 144 similarity of, 156–57 social class and preferences in, 86–87, 90–91 Avis, 220 Babies mimicry in, 33 naming (see Names) perceived differences in, 16, 85 Baby One More Time (album), 43 Babysitters, ice cream preferences in, 103–4 Baseball, 204 Baselworld, 123–24 Basketball, 17, 204, 207–8, 214 Beckham, David, 127 Beer preferences, 71–72, 73 Beetle (Volkswagen), 157 Berra, Yogi, 73 Bicycles, single-speed or fixed gear, 125 Binge drinking, discouraging, 140–41 Birth order, 16, 64–70 Blockbusters, 42–55 music website experiment, 46–49, 52–53 parking preference experiment, 49–52, 53 quality and, 53–54 BMWs, 2–4, 83, 180 Bon Appétit, 94 Boredom, 167–69 Bottega Veneta, 134, 135 Bradlow, Eric, 150 Branding.


pages: 403 words: 87,035

The New Geography of Jobs by Enrico Moretti

assortative mating, Bill Gates: Altair 8800, business climate, call centre, classic study, clean tech, cloud computing, corporate raider, creative destruction, desegregation, Edward Glaeser, Fairchild Semiconductor, financial innovation, gentrification, global village, hiring and firing, income inequality, industrial cluster, Jane Jacobs, Jeff Bezos, Joseph Schumpeter, knowledge economy, labor-force participation, low skilled workers, manufacturing employment, Mark Zuckerberg, mass immigration, medical residency, Menlo Park, new economy, peer-to-peer lending, Peter Thiel, Productivity paradox, Recombinant DNA, Richard Florida, Sand Hill Road, Shenzhen special economic zone , Silicon Valley, Skype, Solyndra, special economic zone, Startup school, Steve Jobs, Steve Wozniak, tech worker, thinkpad, Tyler Cowen, Tyler Cowen: Great Stagnation, Wall-E, Y Combinator, zero-sum game

The marriage market in the United States has become increasingly segregated along educational lines, with well-educated professionals increasingly marrying other well-educated professionals. Economists have a decidedly unromantic term for this trend: assortative mating. It means that people tend to marry people with similar socioeconomic characteristics. Assortative mating is nothing new: even in the 1980s, well-educated women were more likely to marry well-educated men than less educated men. However, this tendency has strengthened over the past thirty years, with a significant increase in the probability that a man with a master’s degree will marry a woman with a master’s degree, a man with a college degree will marry a woman with a college degree, and so on.

However, this tendency has strengthened over the past thirty years, with a significant increase in the probability that a man with a master’s degree will marry a woman with a master’s degree, a man with a college degree will marry a woman with a college degree, and so on. This applies not just to educational levels but also to type of job, salary level, and many other factors. Like attracts like. As assortative mating increases, the need for a large marriage market also increases. If you are looking for a partner with very specific characteristics, a thick dating scene is better. Remarkably, even for married couples the need for thick cities is increasing, because large labor markets are particularly important for families in which both the husband and the wife have a professional career.

., [>], [>] Air Force Academy, fitness experiment at, [>] Akron, [>] Albany, [>], [>] Albuquerque, [>] and Microsoft, [>]–[>], [>]–[>] and Seattle, [>]–[>] Alexandria, Louisiana, and cost of living, [>] Alexopoulos, Michelle, [>] Allen, Paul, [>], [>], [>] Altoona, Pennsylvania, and cost of living, [>] Amazon, [>], [>] American Apparel, [>] American Community Survey, [>] “American dream,” [>], [>] death of, [>]–[>] American Pastoral (Roth), [>]–[>] Amgen, [>], [>] Amylin Pharmaceuticals, [>] Anchorage, Alaska, and cost of living, [>], [>] Aniston, Jennifer, [>] Anniston, Alabama, [>], [>] Ann Arbor, [>], [>], [>] A123 Systems, [>] Apple, [>]–[>], [>], [>], [>], [>], [>], [>], [>], [>]–[>] Applied Materials, [>] Argentina, [>], [>] Artisanal workshops, [>] Assortative mating, [>] Atlanta, [>] and biotech industry, [>], [>] Empowerment Zone Program in, [>] August Capital, [>] Austin, Texas, [>], [>], [>]–[>], [>], [>], [>] college graduates in, [>], [>] and cost of living, [>] exciting celebrities in, [>] Austral Capital, [>] Australia, [>], [>] Austria, PISA scores of, [>] Automation, in production of PCs and semiconductors, [>] Automobile industry, [>].


pages: 543 words: 153,550

Model Thinker: What You Need to Know to Make Data Work for You by Scott E. Page

Airbnb, Albert Einstein, Alfred Russel Wallace, algorithmic trading, Alvin Roth, assortative mating, behavioural economics, Bernie Madoff, bitcoin, Black Swan, blockchain, business cycle, Capital in the Twenty-First Century by Thomas Piketty, Checklist Manifesto, computer age, corporate governance, correlation does not imply causation, cuban missile crisis, data science, deep learning, deliberate practice, discrete time, distributed ledger, Easter island, en.wikipedia.org, Estimating the Reproducibility of Psychological Science, Everything should be made as simple as possible, experimental economics, first-price auction, Flash crash, Ford Model T, Geoffrey West, Santa Fe Institute, germ theory of disease, Gini coefficient, Higgs boson, High speed trading, impulse control, income inequality, Isaac Newton, John von Neumann, Kenneth Rogoff, knowledge economy, knowledge worker, Long Term Capital Management, loss aversion, low skilled workers, Mark Zuckerberg, market design, meta-analysis, money market fund, multi-armed bandit, Nash equilibrium, natural language processing, Network effects, opioid epidemic / opioid crisis, p-value, Pareto efficiency, pattern recognition, Paul Erdős, Paul Samuelson, phenotype, Phillips curve, power law, pre–internet, prisoner's dilemma, race to the bottom, random walk, randomized controlled trial, Richard Feynman, Richard Thaler, Robert Solow, school choice, scientific management, sealed-bid auction, second-price auction, selection bias, six sigma, social graph, spectrum auction, statistical model, Stephen Hawking, Supply of New York City Cabdrivers, systems thinking, tacit knowledge, The Bell Curve by Richard Herrnstein and Charles Murray, The Great Moderation, the long tail, The Rise and Fall of American Growth, the rule of 72, the scientific method, The Spirit Level, the strength of weak ties, The Wisdom of Crowds, Thomas Malthus, Thorstein Veblen, Tragedy of the Commons, urban sprawl, value at risk, web application, winner-take-all economy, zero-sum game

The only question concerns the size of the effect.11 Sociologists calibrate the model by categorizing people into five education levels: dropout, high school, some college, college degree, and postgraduate. They then calculate the average income for each education level and fit the data for the number of marriages between each pair of education levels, resulting in a crude approximation of the impact of assortative mating. Assortative Mating Sorting Model and Categories Each individual has an education level: {1, 2, 3, 4, 5} where 1 = dropout, 2 = high school diploma, 3 = some college, 4 = college degree, and 5 = postgraduate. Let P(m, j) and P(w, j) denote the probability that a man and woman have education level j.

As an alternative, we might wait for a war or revolution to redistribute wealth by force or for some technological breakthroughs that produces a new set of wealthy capitalists. Our next two models give priority to sociological forces. Both also have strong empirical support. The first explains rising inequality based on assortative mating. A family’s income depends on the incomes of both partners. If a low-income person marries a high-income person, then that marriage will contribute toward equalizing income distributions. If high-income people marry other high earners, then income disparities will increase. Most people marry at an age when a potential partner’s lifetime income cannot be known with certainty.

Household income for a couple consisting of a man with education level lM and a woman with education level lW earns the following estimated household income:12 Income(M, lM) + Income(W, lW) Cause of inequality: Increases in the number of educated women, increased pay for workers with higher levels of education, and assortative mating (the tendency for people to marry others of the same income level) result in an increase in household-level income inequality. Had marriages been random rather than assortative, income inequality would be much less. One study finds that inequality as measured by the Gini coefficient, a common measure of inequality, would have decreased by 25%.13 Our next model analyzes movements between income categories using a Markov model.


pages: 775 words: 208,604

The Great Leveler: Violence and the History of Inequality From the Stone Age to the Twenty-First Century by Walter Scheidel

agricultural Revolution, assortative mating, basic income, Berlin Wall, Bernie Sanders, Branko Milanovic, British Empire, capital controls, Capital in the Twenty-First Century by Thomas Piketty, classic study, collective bargaining, colonial rule, Columbian Exchange, conceptual framework, confounding variable, corporate governance, cosmological principle, CRISPR, crony capitalism, dark matter, declining real wages, democratizing finance, demographic transition, Dissolution of the Soviet Union, Downton Abbey, Edward Glaeser, failed state, Fall of the Berlin Wall, financial deregulation, fixed income, Francisco Pizarro, full employment, Gini coefficient, global pandemic, Great Leap Forward, guns versus butter model, hiring and firing, income inequality, John Markoff, knowledge worker, land reform, land tenure, low skilled workers, means of production, mega-rich, Network effects, nuclear winter, offshore financial centre, plutocrats, race to the bottom, recommendation engine, rent control, rent-seeking, road to serfdom, Robert Gordon, Ronald Reagan, Second Machine Age, Simon Kuznets, synthetic biology, The Future of Employment, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas Malthus, transaction costs, transatlantic slave trade, universal basic income, very high income, working-age population, zero-sum game

Even so, at least up to this point, international economic integration and competition is in theory expected to constrain only certain types of redistributive policies and in practice has not generally undermined welfare spending.12 In rich countries, demographic factors have impinged on the income distribution in different ways. Immigration has had only a small effect on inequality in the United States and has even generated equalizing consequences in some European countries. Conversely, assortative mating—more specifically, the growing economic similarity of marriage partners—has widened gaps between households and has been credited with causing some 25 percent to 30 percent of the overall increase in American earnings inequality between 1967 and 2005, even though this effect may have been largely concentrated in the 1980s.13 Institutional change is another prominent culprit.

Welfare: Bowles 2012a: 73–100 (theory); Hines 2006 (practice). 13 Immigration to the United States: Card 2009. Europe: Docquier, Ozden, and Peri 2014 (OECD); Edo and Toubal 2015 (France); and cf. also D’Amuri and Peri 2014 (Western Europe). For Latin America, see herein, chapter 13, p. 368 n. 1. Assortative mating: Schwartz 2010, with reference to earlier studies that attribute 17 percent to 51 percent of the overall increase to this factor. 1980s: Larrimore 2014. 14 Salverda and Checchi 2015 provide the most comprehensive survey of this topic. For the importance of unionization and minimum wages, see 1653, 1657, and also, e.g., Koeniger, Leonardi, and Nunziata 2007; and see Autor, Manning, and Smith 2010; Crivellaro 2013: 12 for the role of minimum wages.

Offshore wealth: Zucman 2013 and esp. 2015: 53 table 1. Cf. also Medeiros and Ferreira de Souza 2015: 885–886. 24 Förster and Tóth 2015: 1804 fig. 19.3 offer a succinct qualitative summary of the multiple causes of inequality and their contrasting effects. In addition to the ones mentioned in the text, they also note assortative mating, single-headed households, voter turnout, partisanship, and female employment. Levy and Temin 2007 offer a synthetic historical account of institutional change since World War II that first contained and later precipitated income inequality. Historically, the role of the stagflation of the 1970s, which provided a powerful impulse for disequalizing economic liberalization, also needs to be taken into account.


pages: 399 words: 118,576

Ageless: The New Science of Getting Older Without Getting Old by Andrew Steele

Alfred Russel Wallace, assortative mating, bioinformatics, caloric restriction, caloric restriction, clockwatching, coronavirus, correlation does not imply causation, COVID-19, CRISPR, dark matter, deep learning, discovery of penicillin, double helix, Easter island, epigenetics, Hans Rosling, Helicobacter pylori, life extension, lone genius, megastructure, meta-analysis, microbiome, mouse model, parabiotic, Peter Thiel, phenotype, precautionary principle, radical life extension, randomized controlled trial, Silicon Valley, stealth mode startup, stem cell, TED Talk, zero-sum game

However, more recent work has revised down even this low estimate. Unfortunately for statisticians, people don’t usually pick their partner entirely at random – they tend to pair up with people whose characteristics are more similar to themselves than would be expected by chance, a tendency known as ‘assortative mating’. A 2018 study, using thousands of birth and death records from a genealogy website, mathematically corrected for this effect – and found that the heritability of longevity dropped to under 10 per cent. The researchers actually found that married couples’ lifespans were more closely correlated than the lifespans of opposite-gendered children.

However, it’s disempowering news for any biologists hoping to comb through the population looking for the genetic underpinnings of longevity: genetic effects are subtle and we shouldn’t expect to uncover amazing longevity mutations if we go out naïvely looking in the general population without carefully correcting for issues like assortative mating. Fortunately, the task can be made a lot easier if we look in more unusual places. The first place to try is the exceptionally old. There’s something distinctly strange (in a good way) about people who make it to 100. Studies find that they weigh about the same and don’t smoke or drink much less, exercise much more or eat much better than the general population.

., ‘The heritability of human longevity: A population-based study of 2872 Danish twin pairs born 1870–1900’, Hum. Genet. 97, 319–23 (1996). DOI: 10.1007/BF02185763 ageless.link/ijjnnc A 2018 study, using … a genealogy website … J. Graham Ruby et al., ‘Estimates of the heritability of human longevity are substantially inflated due to assortative mating’, Genetics 210, 1109–24 (2018). DOI: 10.1534/genetics.118.301613 ageless.link/p6mjpn … [centenarians] weigh about the same … Swapnil N. Rajpathak et al., ‘Lifestyle factors of people with exceptional longevity’, J. Am. Geriatr. Soc. 59, 1509–12 (2011). DOI: 10.1111/j.1532-5415.2011.03498.x ageless.link/hw9are A brief overview of work on genetics and lifestyles of centenarians can be found in the first half of this talk: Nir Barzilai, ‘Can we grow older without growing sicker?’


pages: 415 words: 136,343

A World on the Wing: The Global Odyssey of Migratory Birds by Scott Weidensaul

Anthropocene, assortative mating, coronavirus, COVID-19, Elon Musk, Google Earth, jitney, long peace, low earth orbit, meta-analysis, microbiome, microcredit, off grid, phenotype, quantum entanglement, SpaceX Starlink, the scientific method

What’s more, scientists used stable chemical isotopes in the feathers of blackcaps nesting in Germany and Austria to determine their wintering areas and found that, perhaps because they don’t have as far to migrate, the UK population arrives earlier than Iberian blackcaps each spring, and produces bigger broods when they nest. Arriving before the Iberian birds, the British blackcaps not surprisingly also pair up preferentially with each other, a behavior known as assortative mating—and that created a buzz in the ornithological world when the findings were published in 2005, because assortative mating can be the first tentative step toward speciation. Indeed, later research confirmed that after just a few decades, there are now weak but significant genetic differences between the UK and Iberian populations. Biologists once assumed that geographic isolation was the main driver of evolution, but temporal isolation can work, too, and in this case, climate change is nudging the two populations of blackcaps apart.

., Cheri Gratto-Trevor, Peter Hicklin, David Mizrahi, RI Guy Morrison, and Paul A. Smith. “Status of the Semipalmated Sandpiper.” Waterbirds 35, no. 1 (2012): 146–149. Bearhop, Stuart, Wolfgang Fiedler, Robert W. Furness, Stephen C. Votier, Susan Waldron, Jason Newton, Gabriel J. Bowen, Peter Berthold, and Keith Farnsworth. “Assortative Mating as a Mechanism for Rapid Evolution of a Migratory Divide.” Science 310, no. 5747 (2005): 502–504. Bilodeau, Frédéric, Gilles Gauthier, and Dominique Berteaux. “The Effect of Snow Cover on Lemming Population Cycles in the Canadian High Arctic.” Oecologia 172, no. 4 (2013): 1007–1016. Chambers, Lynda E., Res Altwegg, Christophe Barbraud, Phoebe Barnard, Linda J.

aerial insectivores, 89, 98–99 AFRAU (Amur Falcon Roost Area Union), 325, 331, 338 aguiluchos, 228, 246 Aigner, Karine, 165 air sacs, 74–75 Alambritis, Nicos, 301, 306 albatrosses, 255, 256–57 Antipodes, 275 Laysan, 257 sooty, 257 Tristan, 257, 273–74 Aleutian Islands, 271–73, 276–77 Alleger, Todd, 92–93, 96 ambelopoulia, 280, 292, 293, 300, 302, 308–9, 310 American Bird Conservancy, 225–26, 270 American Birding Association, 251 Amur falcons breeding areas, 320 conservation of, 316–17, 324–29, 337, 338–39 description, 319–20 diet, 322, 328 hunted in Pangti, 316–17, 327–28 migration, 312, 320, 321 roosting in Nagaland, 312, 316, 318–19, 322–23, 337–39 Anand, Ulhas, 329 Andreas, 278, 284–87, 288–91, 299, 301, 302–3, 304–5 Andres, Brad, 117 Antipodes Islands, 275 archival GPS tags, 120–21, 124. See also GPS tracking Argentina, Swainson’s hawks in, 223, 224–30, 245–46 assortative mating, 221 audio migration monitoring, 135–38 Audubon, John James, 15 Auer, Tom, 154 auklets Cassin’s, 171–72 whiskered, 271, 272–73 Australia, and seasonal mismatch, 201 avocets, pied, 46–47 Bahamas. See also Kirtland’s warblers black-throated blue warblers in, 171 map of, 162 bal-chatri traps, 226–27, 240, 241 banding.


pages: 350 words: 96,803

Our Posthuman Future: Consequences of the Biotechnology Revolution by Francis Fukuyama

Albert Einstein, Asilomar, assortative mating, Berlin Wall, bioinformatics, caloric restriction, caloric restriction, classic study, Columbine, cotton gin, demographic transition, digital divide, Fall of the Berlin Wall, Flynn Effect, Francis Fukuyama: the end of history, impulse control, life extension, Menlo Park, meta-analysis, out of africa, Peter Singer: altruism, phenotype, precautionary principle, presumed consent, Ray Kurzweil, Recombinant DNA, Scientific racism, selective serotonin reuptake inhibitor (SSRI), sexual politics, stem cell, Steven Pinker, Stuart Kauffman, The Bell Curve by Richard Herrnstein and Charles Murray, Turing test, twin studies

Murray and Herrnstein maintained that in a world in which social barriers to mobility were falling and the rewards to intelligence rising, society would be increasingly stratified along cognitive lines. Genes and not social background would be the key to success. The most intelligent would walk away with most of the earnings; indeed, due to “assortative mating” (the tendency of people to marry like people) the cognitive elite would tend to increase its relative advantage over time. Those of lower intelligence faced severely limited life chances, and the ability of compensatory social programs to improve them was limited.16 These arguments echoed those made earlier by psychologist Arthur Jensen in an article in the Harvard Educational Review that appeared in 1969, in which he came to similar pessimistic conclusions. 17 It is no wonder that The Bell Curve produced such controversy.

The most clear and present danger is that the large genetic variations between individuals will narrow and become clustered within certain distinct social groups. Today, the “genetic lottery” guarantees that the son or daughter of a rich and successful parent will not necessarily inherit the talents and abilities that created conditions conducive to the parent’s success. Of course, there has always been a degree of genetic selection: assortative mating means that successful people will tend to marry each other and, to the extent that their success is genetically based, will pass on to their children better life opportunities. But in the future, the full weight of modern technology can be put in the service of optimizing the kinds of genes that are passed on to one’s offspring.

Affymetrix Africa, sub-Saharan African-Americans and crime age, and ability age cohorts age discrimination age distribution political implications of ageing problems with and sexuality theories of Agence Française du Médicament (France) aggression genes and sex differences in Agreement on Sanitary and Phytosanitary Measures (SPS) agricultural biotechnology regulation of agricultural biotechnology industry agriculture, history of alcohol Alexander, Richard alpha males “Alphas, Betas, Epsilons, and Gammas” altruism Alzheimer’s disease American diet American Medical Association (AMA) American Psychologist, special issue of American Revolution American South, slavery in amino acids amniocentesis androgynous median personality angry young men Animal and Plant Inspection Service animal ethology animal rights movement animals behavior of consciousness of cultural learning by pain and suffering felt by rights of social hierarchies among sympathy with traits shared with humans animal testing anthropology anti-immigrant backlash movements Antinori, Severino ape-human cross, proposed apes apperception, transcendental unity of Argentina aristocracy natural Aristotle political philosophy of Arkes, Hadley Arnhart, Larry artificial intelligence (AI) Ashkenazi Jews Asia sex-selection in Asilomar Conference assortative mating attention deficit disorder (ADD) attention deficit hyperactivity disorder (ADHD) medicalization of Austria authoritarian regimes Babylonia Bacon, Francis ballistic missiles, control of Becker, Gary behavior genetic basis of learned medicalization of self-control over behavioralism behavior genetics behavior modification Belgium bell curve debate Bentham, Jeremy benzodiazepines Berg, Paul Bernal, J.


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The 100-Year Life: Living and Working in an Age of Longevity by Lynda Gratton, Andrew Scott

"World Economic Forum" Davos, 3D printing, Airbnb, asset light, assortative mating, behavioural economics, carbon footprint, carbon tax, classic study, Clayton Christensen, collapse of Lehman Brothers, creative destruction, crowdsourcing, deep learning, delayed gratification, disruptive innovation, diversification, Downton Abbey, driverless car, Erik Brynjolfsson, falling living standards, financial engineering, financial independence, first square of the chessboard, first square of the chessboard / second half of the chessboard, future of work, gender pay gap, gig economy, Google Glasses, indoor plumbing, information retrieval, intangible asset, Isaac Newton, job satisfaction, longitudinal study, low skilled workers, Lyft, Nelson Mandela, Network effects, New Economic Geography, old age dependency ratio, pattern recognition, pension reform, Peter Thiel, Ray Kurzweil, Richard Florida, Richard Thaler, risk free rate, Second Machine Age, sharing economy, Sheryl Sandberg, side project, Silicon Valley, smart cities, Stanford marshmallow experiment, Stephen Hawking, Steve Jobs, tacit knowledge, The Future of Employment, uber lyft, warehouse robotics, women in the workforce, young professional

Others are low-paid, such as gardeners, artisanal manufacturers, baristas or yoga teachers. At this rate, smart cities will become a better place to generate employment than the old manufacturing hubs. This growing importance of smart cities is also driven by social phenomena. The last few decades have seen a striking increase in what sociologists call assortative mating. In other words, marriage partners are more alike now in terms of education and income than they were in the past. This effect is also driving the growth of cities. For these highly skilled partnerships, finding interesting work for two is a great deal more difficult than finding it for one.6 In the past, small towns were more attractive for traditional families where the husband worked and the wife was a homemaker.

There is also the important advantage of risk pooling; this played an important role in the way Jane and Jorge navigated their life, and we expect that more couples will make the same commitments to each other to pool the risk. This may go some way to explaining the significant shift to what has been termed assortative mating,8 where both partners are of similar age, education and income. In Becker’s traditional view of marriage, the production complementarities gained most when there is a significant income differential between partners, giving greater scope to comparative advantage. However, when the potential income differential is less, then it makes more sense for partners to pool their risk and this is easiest where the earning capacity of both partners is similar.

Index The letter f following an entry indicates a figure 3.0 scenarios here–here, here, here, here 3.5 scenarios here–here, here, here 4.0 scenarios here–here, here–here, here, here 5.0 scenarios here–here, here, here, here, here, here–here Acorns here activities of daily living (ADL) here adolescence here–here, here adult equivalence scales here age cognition and here–here corporations and here explorers and here–here government policy and here independent producers and here life stages and here–here, here–here portfolios and here predictability of here segregation and here–here, here–here, here, here–here age process algorithms here, here ageing process here, here ageism here, here agency here, here, here finance and here–here agriculture here–here Amazon here anxiety here appearance here Apple iPhone here reputation here Archer, Margaret here Artificial Intelligence (AI) here, here, here, here education and here human skills and here medical diagnoses and here–here, here skills and knowledge and here–here Asia here assets here, here see also intangible assets; tangible assets; transformational assets assortative mating here–here, here Astor, Brooke here Autor, David here–here, here Baby Boomers here–here beauty here Becker, Gary: ‘Treatise on the Family’ here, here–here, here behavioural nudges here Benartzi, Shlomo here benefits here–here see also welfare Bennis, Warren here birth rates, decline in here–here, here brain, the here–here, here–here cognition here Braithwaite, Valerie here Brontë, Charlotte: Jane Eyre here Buffett, Warren here–here Calico (California Life Company) here Calment, Jeanne here careers breaks and here changes and here–here dual careers here, here, here cell aging here centenarians here, here–here change here–here catalysts for here–here corporations and here–here, here education and here–here government policy and here–here, here identity and here–here inequalities and here–here mastery and here–here planning and experimentation and here–here rate of here–here Cherlin, Andrew here chess here children here, here–here, here Christensen, Clayton here Cloud Robotics here cohort estimate of life expectancy here, here, here companies here, here–here, here–here Amazon here Apple here–here change and here–here, here creative clusters here–here economies of scale and here–here Facebook here flexibility here–here, here–here reputation and here–here research and here small business ecosystems here–here technology and here–here Twitter here value creation here–here WhatsApp here compression of morbidity here–here computing power here–here, here–here see also Moore’s Law connectivity here–here consumerism here, here consumption complementarities here–here consumption levels here, here continuums here corporations here–here, here–here see also companies creative clusters here–here independent producers and here–here creativity here cross-age friendships here crucible experiences here–here Deep Learning here dementia here depreciation here developing countries life expectancy and here–here, here state pensions and here Dickens, Charles: Old Curiosity Shop, The here diet here Dimson, Elroy here disabilities here discounting here discretionary time here diverse networks here, here–here Doctorow, Corey: Makers, The here Downton Abbey effect, the here–here Doyle, Arthur Conan here driverless cars here, here dual career households here, here, here Dweck, Carol here–here dynamic/diverse networks here, here–here Easterlin’s Paradox here economy, the here–here agriculture and here–here gig economy here job creation and here–here leisure industry and here service sector and here sharing economy here, here stability and here education here, here–here, here–here see also mastery experiential learning here–here, here, here human skills and judgement and here ideas and creativity and here institutions here–here learning methods here mental flexibility and agility and here–here multi-stage life and here specialization here–here, here, here technology and here, here, here training here efficacy here, here, here–here elasticity here–here emerging markets life expectancy and here state pensions and here emotional spillover here employers here–here, here employment see also companies; employment changes age and here, here–here, here–here changes and here, here, here–here, here–here city migration and here–here creation here–here demographics and here, here–here diverse networks and here–here elasticity and here–here environmental concerns and here–here, here family structures and here–here, here, here–here, here, here, here–here flexibility and here–here, here, here–here, here–here, here–here, here hollowing out of work here–here, here, here home and here job classification here–here knowledge and skills and here levels here, here matches here–here mobility here multi-stage life and here office-based here paid leave here participation rates here–here, here pay here–here, here psychological contract here satisfaction here–here self-employment here–here specialization and here–here statistics here status and here supply and here–here technology and here, here–here, here–here, here, here, here–here, here unique human skills here–here, here vacancies here–here women and here–here working hours here–here, here working week here–here employment changes here, here, here–here companies and here–here industry sectors and here–here, here entrepreneurship here–here see also independent producers equity release schemes here experiential learning here–here, here, here experimentation here, here–here, here–here explorers here–here, here–here adventurers here age and here–here assets and here crucible experiences and here–here options and here–here searchers here, here exponential discounting here exponential growth here–here Facebook here families here, here, here–here, here children here, here–here, here dual career households here, here, here marriage here–here work and here, here finance here, here–here see also pensions age process algorithms here, here agency and here–here automation and here–here costs here–here efficacy and here–here equity release schemes here flexibility here governments and here–here, here, here–here health and here housing and here–here hyperbolic discounting here–here inheritances here–here investment here, here–here, here–here, here, here old age and here–here pay here–here, here pension replacement rates here–here, here, here–here portfolios here–here psychology and here–here retirement and here–here fitness and health here–here see also health Fleming, Ian here flexibility here, here–here, here, here–here, here–here, here corporations and here–here government policy and here–here working patterns and here flexibility stigma here, here Ford, Henry here Foxconn here Frey, Carl here Friedman, Stewart here–here, here Fries, James here, here Future of Work Consortium here future selves here–here future selves case studies Jane here–here, here–here Jimmy here–here, here galumphing here–here gender here, here see also women inequality here–here, here–here, here, here, here specialization of labour here, here–here, here, here, here–here Generation Y here generational attitudes here gerontology here Giddens, Anthony here, here gig economy here–here globalization here Goldin, Claudia here, here Google here governments here, here–here, here inequalities and here–here pensions and here–here rate of change and here–here Gratton, Lynda here Shift, The here growth mindset here–here Groysberg, Boris here Haffenden, Margaret here Hagestad, Gunhild here–here, here Harvard Grant Study here health here, here–here brain, the here–here chronic diseases here–here, here compression of morbidity here–here dementia here diseases of old age here–here finance and here improvements in here–here inequality here, here–here infectious diseases here public health here stress here–here healthy life expectancy here heterogeneity here hollowing out of work here–here, here, here home, work and here household here–here see also home economies of scale and here–here relationships here, here–here, here, here housing here–here imputed rent here, here ownership here HR policies here–here human skills here–here, here, here, here hyperbolic discounting here–here Ibarra, Herminia here identity here–here, here, here–here, here–here see also self-control; self-knowledge improvisation here–here imputed rent here, here income see also welfare distribution here growth and here inequalities here–here, here–here skills and knowledge and here–here income effect here–here independent producers here–here, here–here assets and here case study here–here creative clusters and here–here learning and here–here prototyping here–here reputation and curating and here–here India here–here Individual, the here Industrial Revolution, the here–here, here, here, here inequalities here–here gender and here–here, here–here, here, here, here government policy and here–here health here, here–here income here–here, here–here life expectancy and here–here, here–here, here infant mortality here intangible assets here–here, here–here, here case studies here–here, here–here, here corporations and here–here endowed individual characteristics here, here independent producers and here marriage and here productive assets see productive assets time and here transformational assets see transformational assets transitions and here–here vitality assets see vitality assets International Labour Organization (ILO) here ‘Women and the Future of Work’ here investment here, here–here, here–here, here Japan centenarians here–here life expectancy here, here–here,here–here, here pensions and here population decline and here job classification here–here job creation here–here job satisfaction here–here juvenescence here, here–here, here Kahneman, Daniel here Kegan, Robert here Keynes, John Maynard: Economic Possibilities of Our Grandchildren here knowledge see skills and knowledge Kurzweil, Ray here labour market see employment Lampedusa, Giuseppe : Leopard, The here law (occupation) here–here leadership here learning methods here leisure class here leisure industry here, here, here–here leisure time here, here, here–here, here–here, here–here Keynes, John Maynard and here life expectancy here–here, here see also long life best practice here, here calculating here–here, here chronic diseases and here–here cohort estimate of here, here, here developing countries and here–here diseases of old age and here–here government plans and here healthy life expectancy here historical here, here, here increase in here–here, here India and here–here inequalities in here–here, here–here, here infant mortality and here Japan and here, here–here, here–here, here limit to here–here period life expectancy measure here, here–here public health innovations and here South Korea here US and here–here Western Europe here life stages here–here, here–here age and here–here experiential learning and here explorers and here–here, here–here independent producers and here–here, here–here juvenescence and here, here–here multi-stage model here, here–here, here, here, here–here, here–here, here new stages here, here see also life stages case studies portfolios and here–here, here–here three-stage model here, here–here, here–here, here–here, here–here, here–here, here–here transitions and here life stages case studies diversity and here Jane here–here Jimmy here–here, here lifetime allowances here–here, here, here liminality here Linde, Charlotte here lockstep of action here–here, here London here–here London Business School here long life see also life expectancy as a curse here, here as a gift here, here Luddites, the here machine learning here marriage here–here Marsh, Paul here Marshall, Anthony here mastery here–here matching here–here Millenials here Mirvas, Philip here Modigliani, Franco here MOOCs (Massive Open Online Courses) here, here Moore’s Law here–here, here Moravec’s Paradox here, here morbidity here–here compression of here–here Morrissey, Francis here mortality here mortality risk here multiple selves here–here National Commission on Technology, Automation, and Economic Progress here neighbourhoods here neoplasticity here neoteny here, here new experiences here occupations here–here old age dependency ration here–here, here Ondine, curse of here options here, here–here Osborne, Michael here paid leave here Parfit, Derek here participation rates here–here, here peers here–here pension case studies Jack here, here–here, here, here Jane here, here, here–here, here, here, here, here, here–here Jimmy here–here, here, here–here, here, here, here–here, here three-stage life model here–here, here–here, here–here pension replacement rate here–here, here, here–here pensions here, here–here, here see also pension case studies amount required here–here funded schemes here goals and here government policy and here–here investment and here, here occupational pensions here–here Pay As You Go schemes here–here, here, here pension replacement rate here–here, here, here–here reform and here state pensions here–here, here period life expectancy measure here, here–here personal brands here pharmacy (occupation) here planning here plasticity here–here play here–here politics, engagement with here Polyani’s Paradox here–here, here population here–here, here–here portfolios (financial) here–here portfolios (life stage) here–here, here–here switching costs here transitions and here–here posse here–here, here possible selves here, here–here possible selves case studies Jane here–here Jimmy here–here, here Preston, Samuel here production complementarities here, here–here, here productive assets here–here, here case studies here, here, here–here, here, here, here, here–here, here, here marriage and here transitions and here professional social capital here–here prototyping here–here psychology here, here–here see also self-control age process algorithms here, here automation and here–here behavioural nudges here saving and here–here pure relationships here, here pyramid schemes here re-creation and recreation here–here, here–here recruitment here reflexive project, the here regenerative community here, here, here Relation P here relationships here–here, here, here children and here–here divorce and here–here, here dual career households here families and here–here, here–here friendships here, here–here household here, here–here, here, here marriage and here–here, here–here matches and here–here multi-generational living here–here, here options and here–here pure relationship here switching roles here, here, here, here–here reputation here–here, here–here, here–here retirees here–here retirement see also pensions age of here, here, here, here, here–here, here consumption levels and here corporations and here, here government policy and here–here stimulation in here, here risk here risk pooling here robotics here, here, here, here see also Artificial Intelligence role models here routine here routine activities here routine-busting here routine tasks here–here Rule of here here Sabbath, the here sabbaticals here–here Save More Tomorrow (SMarT plan) here–here Scharmer, Otto here second half of the chessboard here–here segregation of the ages here–here, here–here, here, here–here self-control here–here, here–here age process algorithms here, here automation and here behavioural nudges here self-employment here–here self-knowledge here–here, here finance and here–here service sector here sexuality here–here Shakespeare, William King Lear here sharing economy here–here, here, here short-termism here–here skills and knowledge here, here–here, here see also human skills earning potential and here professional social capital and here–here technology and here–here valuable here–here Slim, Carlos here smart cities here–here independent producers and here–here social media here, here–here society here spare time here see also leisure time standardized practices here–here Staunton, Mike here strategic bequest motive, the here–here substitution effect here switching here, here, here, here–here tangible assets here–here, here, here, here, here see also housing; pensions case studies here, here, here, here, here, here transitions and here taxation here, here–here Teachers Insurance and Annuity Assurance scheme here technology here, here see also Artificial Intelligence computing power here–here, here–here see also Moore’s Law driverless cars here–here, here education and here, here, here employment and here, here–here, here–here, here, here, here–here, here human skills and here, here innovation and here matching and here relationships and here teenagers here–here, here–here, here, here Thaler, Richard here thick market effects here–here Thomas, R. here time here, here–here see also sabbaticals discretionary time here flexibility and here–here, here Industrial Revolution, the here–here, here–here, here intangible assets and here leisure and here, here, here–here, here–here, here–here restructuring here, here spare time here working hours here–here, here, here–here working hours paradox here–here, here working week, the here–here, here time poor here–here trade unions here transformational assets here, here–here, here–here, here, here, here case studies here–here, here–here, here–here, here–here, here, here, here, here crucible experiences and here corporations and here transitions here, here–here, here–here, here corporations and here financing here–here government policy and here, here nature of here–here portfolios and here–here re-creating here recharging here–here tribal rituals here Twitter here Uhlenberg, Peter here–here, here UK, occupational pension schemes and here–here Unilever here universities here US here–here compression of morbidity and here occupational pension schemes and here Valliant, George here value creation here vitality assets here, here–here, here case studies here, here–here, here, here, here–here, here, here, here, here transitions and here–here website here week, the here–here weekend, the here, here weight loss here welfare here–here see also benefits Wharton School of the University of Pennsylvania here–here, here WhatsApp here Wolfran, Hans-Joachim here women see also gender children and here–here relationships and here, here, here work and here–here Women and Love here work see employment working hours here–here, here, here–here working week, the here–here, here Yahoos here–here youthfulness here–here Bloomsbury Information An imprint of Bloomsbury Publishing Plc 50 Bedford Square 1385 Broadway London New York WC1B 3DP NY 10018 UK USA www.bloomsbury.com BLOOMSBURY and the Diana logo are trademarks of Bloomsbury Publishing Plc First published 2016 © Lynda Gratton and Andrew Scott, 2016 Lynda Gratton and Andrew Scott have asserted their right under the Copyright, Designs and Patents Act, 1988, to be identified as Author of this work.


pages: 436 words: 98,538

The Upside of Inequality by Edward Conard

affirmative action, Affordable Care Act / Obamacare, agricultural Revolution, Alan Greenspan, Albert Einstein, assortative mating, bank run, Berlin Wall, book value, business cycle, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, Climatic Research Unit, cloud computing, corporate governance, creative destruction, Credit Default Swap, crony capitalism, disruptive innovation, diversified portfolio, Donald Trump, en.wikipedia.org, Erik Brynjolfsson, Fall of the Berlin Wall, full employment, future of work, Gini coefficient, illegal immigration, immigration reform, income inequality, informal economy, information asymmetry, intangible asset, Intergovernmental Panel on Climate Change (IPCC), invention of the telephone, invisible hand, Isaac Newton, Jeff Bezos, Joseph Schumpeter, Kenneth Rogoff, Kodak vs Instagram, labor-force participation, Larry Ellison, liquidity trap, longitudinal study, low interest rates, low skilled workers, manufacturing employment, Mark Zuckerberg, Martin Wolf, mass immigration, means of production, meta-analysis, new economy, offshore financial centre, paradox of thrift, Paul Samuelson, pushing on a string, quantitative easing, randomized controlled trial, risk-adjusted returns, Robert Gordon, Ronald Reagan, Second Machine Age, secular stagnation, selection bias, Silicon Valley, Simon Kuznets, Snapchat, Steve Jobs, survivorship bias, The Rise and Fall of American Growth, total factor productivity, twin studies, Tyler Cowen, Tyler Cowen: Great Stagnation, University of East Anglia, upwardly mobile, War on Poverty, winner-take-all economy, women in the workforce, working poor, working-age population, zero-sum game

For example, the greater uncertainty of employment allegedly makes working-class men less marriageable.7 Their lower workforce participation allegedly leads to a decline in marriage and a corresponding rise in out-of-wedlock births. The children of single parents are more prone to unruly behavior.8 Alternatively, an increase in assortative mating—people with similar levels of education, income, and capability marrying each other—heightens the difference between the children of the haves and the have-nots. The haves devote extra resources—whether money, time, or attention—which allows their children to compete more successfully for an alleged shortage of educational and employment opportunities.9 Some sociologists also allege that growing segregation between the haves and the have-nots prevents the have-nots from benefiting from the positive peer pressure of the haves.10 Ironically, while one school of thought blames the separation of the successful for failing to provide good examples to the middle and working classes, another camp claims that the success of the 1 percent drove an envious middle class to borrow against the rising value of their homes in order to consume too much.11 Yet despite these concerns, wages have risen with little change in the shape of their distribution.

More likely, rising middle- and working-class prosperity is giving people the opportunity to eschew supervision and leadership and to do as they please. Unfortunately, it’s easier to gain status destructively with a devil-may-care attitude rather than constructively with hard work and moral fortitude. While it is true that assortative mating has boosted the incomes of richer households, and that these households have invested more in their children relative to other families, it is doubtful that this trend diminishes anyone’s educational opportunities. If anything, the share of rich white children in prestigious colleges, where enrollment is limited, has declined.

See test scores accelerating growth, 243–66 balanced trade and strengthening bank guarantees for, 254–59 ferocity of competition and, 79–82 investors influencing economic policy for, 106–8 lowering marginal corporate tax rate for, 249–54 promising educational opportunities for, 234–40 ultra-high-skilled immigration for, 244–49 admission policy, of charter schools, 223, 224 Affordable Care Act, 24 African American children charter schools, 223–26 high school dropout rates and income mobility, 182, 182–83, 235 preschool education, 228–30 African Americans comparisons of causes of poverty, 183, 183–84 effect of race on income mobility, 180, 181–82 African American workers income distribution, full time, 159, 160 median income, 204 workforce participation rate, 204, 206 agriculture (agrarian economies), 42, 45, 128–29 “alchemist fallacy,” 77 all-equity banking, 138–39 Amazon, 23 Angrist, Joshua, 225, 227 “animal spirits,” 118, 120, 125 antitrust enforcement, 99–100 Apple, 11, 23, 29, 31, 46, 75, 98, 102, 129, 236 Asian-American students, 170, 219 assortative mating, 157, 175 asymmetric information, 87–88, 98–99, 108 automation, 11, 42, 156, 211, 250 Autor, David, 57–58 baby boomers, 15, 42, 44, 243, 244, 247 Bagchi, Sutirtha, 83 Baker, Dean, 77–78 balanced trade, 39–40, 44, 254–59 bank loans, 2, 138–39, 257–58 bank runs, 2, 135–36, 137, 255, 257–58 banks (banking) all-equity, 138–39 capital requirements, 258 guarantees, 138–39, 257–59 risks to economy of instability of, 135–39 Barro, Robert, 82, 236 Bernanke, Ben, 119–20, 126, 140, 150, 151 Bezos, Jeff, 66 birth rate, and labor supply, 41 births, out-of-wedlock, 156, 167, 210 Bordo, Michael, 168 Borjas, George, 56 brain plasticity, 228, 234 Brin, Sergey, 19, 66, 69 Broda, Christian, 46 Brooks, Arthur, 212 budget deficits, 14, 256, 261 Buffett, Warren, 141, 200, 255 Burkhauser, Richard, 162 business consolidation, 24, 102–3 business investment, 103–5, 104, 250 business majors, 245–46 business profits.


pages: 281 words: 83,505

Palaces for the People: How Social Infrastructure Can Help Fight Inequality, Polarization, and the Decline of Civic Life by Eric Klinenberg

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, American Society of Civil Engineers: Report Card, assortative mating, basic income, Big Tech, big-box store, bike sharing, Black Lives Matter, Broken windows theory, carbon footprint, Cass Sunstein, classic study, clean water, deindustrialization, desegregation, digital divide, Donald Trump, East Village, fake news, Filter Bubble, food desert, gentrification, ghettoisation, helicopter parent, income inequality, informal economy, invisible hand, Jane Jacobs, John Snow's cholera map, late fees, Mark Zuckerberg, mass incarceration, megaproject, Menlo Park, New Urbanism, opioid epidemic / opioid crisis, Peter Thiel, public intellectual, Ray Oldenburg, Richard Florida, Ronald Reagan, Rosa Parks, shareholder value, Silicon Valley, smart grid, the built environment, The Death and Life of Great American Cities, The Great Good Place, the High Line, universal basic income, urban planning, young professional

forms of group mixing that are uncommon today: The data on labor unions come from Gerald Mayer, Union Membership Trends in the United States (Washington, DC: Congressional Research Service, 2004). The quote is from Peter Bearman and Delia Baldassarri, “Dynamics of Political Polarization,” American Sociological Review 72 (October 2007): 787. On the rise of marriage within a social class (or “assortative mating”), see Robert Mare, “Educational Homogamy in Two Gilded Ages,” Annals of the American Academy of Political and Social Science 663 (2016): 117–39. “met with plausible counterarguments”: Cass Sunstein, #Republic: Divided Democracy in the Age of Social Media (Princeton, NJ: Princeton University Press, 2017), 91–92.

cannot be entirely to blame: Levi Boxell, Matthew Gentzkow, and Jesse Shapiro, “Is the Internet Causing Polarization? Evidence from Demographics,” Working Paper, 2014, http://web.stanford.edu/​~gentzkow/​research/​age-polar.pdf. different education level, ethnic identity, or religious affiliation: Gina Potarca, “Does the Internet Affect Assortative Mating? Evidence from the U.S. and Germany,” Social Science Research 61 (2017): 278–97. to get news from home: Ivan Watson, Clayton Nagel, and Zeynep Bilginsoy, “ ‘Facebook Refugees’ Chart Escape from Syria on Cell Phones,” CNN, September 15, 2015, https://www.cnn.com/​2015/​09/​10/​europe/​migrant-facebook-refugees/​index.html.


pages: 382 words: 100,127

The Road to Somewhere: The Populist Revolt and the Future of Politics by David Goodhart

Affordable Care Act / Obamacare, agricultural Revolution, assortative mating, Big bang: deregulation of the City of London, borderless world, Boris Johnson, Branko Milanovic, Bretton Woods, Brexit referendum, British Empire, call centre, capital controls, carbon footprint, central bank independence, centre right, coherent worldview, corporate governance, credit crunch, Crossrail, deglobalization, deindustrialization, Donald Trump, Downton Abbey, Edward Glaeser, en.wikipedia.org, Etonian, European colonialism, eurozone crisis, falling living standards, first-past-the-post, gender pay gap, gig economy, glass ceiling, global supply chain, global village, Great Leap Forward, illegal immigration, income inequality, informal economy, Jeremy Corbyn, job satisfaction, knowledge economy, labour market flexibility, low skilled workers, market friction, mass immigration, meritocracy, mittelstand, Neil Kinnock, New Urbanism, non-tariff barriers, North Sea oil, obamacare, old-boy network, open borders, open immigration, Peter Singer: altruism, post-industrial society, post-materialism, postnationalism / post nation state, race to the bottom, Richard Florida, Ronald Reagan, selection bias, shareholder value, Skype, Sloane Ranger, stem cell, the long tail, Thomas L Friedman, transaction costs, trickle-down economics, ultimatum game, upwardly mobile, wages for housework, white flight, women in the workforce, working poor, working-age population, World Values Survey

And there is today among middle-class and upper-middle class families an unprecedented focus of attention on improving or at least maintaining their own children’s position—a kind of ‘arms race’ in everything from places in top private or state schools to the use of tutors and job internships. And as the group of hard-to-move professional families slowly expands it is likely that there will be less overall movement, at least through relative mobility. This entrenchment of an elite upper professional class has been reinforced by another factor with the ugly name of ‘assortative mating’—meaning educated and successful people marrying each other. People have always tended to marry broadly within their own class but until a generation or two ago male doctors tended to marry female nurses not female doctors, because there were so few of the latter, and businessmen married their secretaries rather than businesswomen for the same reason.

INDEX 1960s liberalism: 6 Aaronovitch, David: 142 Achen, Christopher: Democracy for Realists, 61 Afghanistan: Civil War (1992–5), 82; Operation Enduring Freedom (2001–14), 225 Akesson, Jimmie: defection from Moderate Party, 70 AkzoNobel: 175 Algeria: 104 Alternative für Deutschland: 53, 70, 73 American Dream: 65 anti-Semitism: 57 Anywheres: 10, 12–13, 15, 17–18, 20–1, 41–3, 45, 51, 74, 114–15, 118, 149, 177, 197, 202, 205, 207, 210, 215, 228; characteristics of, 4–5, 17, 24–5, 34–5, 37, 46, 123; conflict with Somewheres, 23, 79, 81, 193, 215; education levels of, 156, 158, 198; employment of, 11; European, 103; family dynamics of, 211–14; liberals, 27–8; mobile, 203; political ideologies of, 63–4, 76, 81–2, 109–10, 112, 120, 213, 224, 232–3; political representation/voting patterns of, 13, 17, 26–7, 36, 62, 69, 75, 78, 91–2, 153, 167, 218–19, 221, 227; potential coalition with Somewheres, 220, 222, 225–6, 233; progressive individualism, 11, 60, 180, 219; view of migrant integration, 134 Apple, Inc.: product lines of, 86 Appiah, Kwame Anthony: 117 assortative mating: 188 Aston University: 164 austerity: 98, 200 Australia: 4, 160 Austria: 56, 69–70 authoritarianism: 8, 12, 30, 33, 44, 57; concept of, 57; hard, 45 Baggini, Julian: observations of British class system, 59 Bangladesh: 130 Bank of England: personnel of, 86 Bartels, Larry: Democracy for Realists, 61 Bartlett, Jamie: Radicals, 64 Basel Accords: 85 BASF: 176 Bayer: 176 Belgium: 73, 75, 101; Brussels, 53, 89, 93, 95, 98 Berlusconi, Silvio: 65 birther movement: 68 Bischof, Bob: head of German-British Forum, 174 Blair, Tony: 10, 76, 159, 189; administration of, 218; foreign policy of, 96; speeches of, 3, 7, 49; support for Bulgarian and Romanian EU accession, 26; unravelling of legacy, 221 Bloomsbury Group: 34 Bogdanor, Vernon: concept of ‘exam-passing classes’, 3 Boyle, Danny: Summer Olympics opening ceremony (2012), 111, 222 Branson, Richard: 11 Brexit (EU Referendum)(2016): 1–2, 19, 27, 81, 89, 93, 99–100, 125, 233; negotiations, 103; polling prior to voting, 30, 64; Remainers, 2, 19–20, 52–3, 132; sociological implications of, 4–7, 13, 53–4, 118, 126, 167–8, 225; Stronger In campaign, 61; Vote Leave campaign, 42, 53, 72, 91, 132; voting pattern in, 7–9, 19–20, 23, 26, 36, 52, 55–6, 60, 71, 74, 215, 218 British Broadcasting Corporation (BBC): 112, 145; Newsnight, 60; personnel of, 15; Radio 4, 31, 227; Today, 60 British Empire: 107 British National Party: European election performance of (2009), 119; supporters of, 38 British Future: 19 British Private Equity and Venture Capital Association: personnel of, 135 British Social Attitudes (BSA) surveys: 153; authoritarian-libertarian scale, 44–5; findings of, 38–9, 44, 106–7, 120, 202, 206–7, 218; immigration survey (2013), 44; personnel of, 218–19 British Values Survey: establishment of (1973), 43; groups in, 43 Brooks, Greg: Sheffield report, 155 Brown, Belinda: 205, 207–8 Brown, Gordon: 106; abolition of Married Couples Allowance, 204; budget of (2006), 147–8; political rhetoric of, 16–17 Brummer, Alex: Britain for Sale, 173 Bulgaria: 26; accession to EU, 225 (2007); migrants from, 126; population levels of, 102 Burgess, Simon: 131 Burggraf, Shirley: Feminine Economy and Economic Man, The, 194 Cahn, Andrew: 98 Callaghan, Jim: Ruskin College speech (1976), 154 Callan, Eamonn: 191 Callan, Samantha: 202, 212 Cambridge University: 35, 179, 186; faculty of, 37; students of, 158–9 Cameron, David: 71, 103, 179, 183, 189; administration of, 226; cabinet of, 187 Canada: 160; mass immigration in, 119 capital: 9, 100; cultural, 190; human, 34; liberalisation of controls, 97; social, 110 capitalism: 7, 11; organised, 159 Care (Christian Action Research & Education): 203 Carswell, Douglas: 13 Case, Anne: 67 Casey, Louise: review of opportunity and integration, 129 Catholicism: 15, 213; original sin, 57 Cautres, Bruno: 72 Center for Humans and Nature: 30 Centre for Social Justice: 206; personnel of, 202 chauvinism: 33; decline in prevalence of, 39; violent, 106 China, People’s Republic of: 10, 95, 104, 160; accession to WTO (2001), 88; manufacturing sector of, 86; steel industry of, 87 Chirac, Jacques: electoral victory of (2002), 49 Christianity: 33, 69, 83, 156 citizenship: 68, 121–2; democratic, 7; global, 114; legislation, 103; national, 5; relationship with migration, 126; shared, 113; temporary, 126 Clarke, Charles: British Home Secretary, 84 Clarke, Ken: education reforms of, 158–9 Clegg, Nick: 11, 13, 189 Cliffe, Jeremy: 10–11; ‘Britain’s Cosmopolitan Future’ 216; observations of social conservatism, 217 Clinton, Bill: 29, 76; administration of, 218 Clinton, Hillary: electoral defeat of (2016), 67–8 Coalition Government (UK) (2010–16): 13, 54, 226; cabinet members of, 16; immigration policies of, 124–5 Cold War: end of, 83, 92, 95, 98 Collier, Paul: 110; view of potential reform of UNHCR, 84 colonialism: 87; European, 105 communism: 58 Communist Party of France: 72 Confederation of British Industry (CBI): 164 confirmation bias: concept of, 30 Conservative Party (Tories)(UK): 19, 207; dismantling of apprenticeship system by, 157; ideology of, 76, 196; members of, 31, 164, 187; Party Conference (2016), 226; Red Toryism, 63; supporters of, 24, 35, 77, 143, 216–17 conservatism: 4, 9; cultural, 58; social, 217; Somewhere, 7–8; working-class, 8 Corbyn, Jeremy: elected as leader of Labour Party, 20, 53, 59, 75, 78 Cowley, Philip: 35 Crosland, Tony: Secretary of Education, 36; two-tier higher education system proposed by, 158 Crossrail 2: 228; spending on, 143 Czech Republic: 69, 73 D66: supporters of, 76 Dade, Pat: 43–4, 219; role in establishment of British Values Survey, 43, 218–19 Daily Mail: 227; reader base of, 4 Danish Peoples’ Party: 55, 69–70, 73; ideology of, 73 Darwin, Charles: 28 death penalty: 44; support for, 39, 216–17 Deaton, Angus: 67 deference, end of: 63 Delors, Jacques: 96, 103–4; President of European Commission, 94 Democratic Party: ideology of, 62, 65; shortcomings of engagement strategies of, 66–7 Demos: 137 Dench, Geoff: 207; concept of ‘quality with pluralism’, 214; Transforming Men, 209 Denmark: 69, 71, 99; education levels in, 156 Diana, Princess of Wales: death of (1997), 107 double liberalism: 1, 11, 63 Duffy, Gillian: 124 Dyson: 173; Dyson effect, 173 Economist: 10, 210, 216 Eden, Anthony: administration of, 187 Eichengreen, Barry: 91 Elias, Norbert: 119 Employer Skills Survey: 163 Engineering Employers Federation: 166 Englishness: 111 Erdogan, Recep Tayyip: 218 Essex Man/Woman: 186 Estonia: population levels of, 102 Eton College: 179, 187 Euro (currency): 100–1; accession of countries to, 98–9 European Commission: 26, 97 European Convention on Human Rights: 83–4 European Court of Justice (ECJ): 103 European Economic Community (EEC): 92; British accession to (1973), 93; Treaty of Rome (1957), 101 European Exchange Rate Mechanism (ERM): 97–8 European Parliament: elections (2009), 71–2; elections (2014), 72 European Union (EU): 10, 25, 53, 76, 89, 92–4, 99–100, 120, 124, 160, 215, 221–2, 229, 233; Amsterdam Treaty (1997), 94; Common Agricultural Policy, 92, 96; establishment of (1957), 91–2; freedom of movement principles, 100–1, 163–4; Humanitarian Protection Directive (2004), 83; integration, 50, 98–9, 173; Lisbon Treaty (2009), 94; Maastricht Treaty (1992), 94, 96, 103; members states of, 16, 31, 55, 71, 216; personnel of, 128; Schengen Agreement (1985), 94–5, 99, 117; Single European Act (1986), 94; Treaty of Nice (2000), 94 Euroscepticism: 69 Eurozone Crisis (2008–): 92, 99 Evening Standard: 143–5 Facebook: 86 family culture: 196–7; childcare, 202–3; cohabitation, 196, 211; divorce figures, 196–7; gender roles, 206–13; legislation impacting, 195–6; lone parents, 196; married couples tax allowance, 225; relationship with state intrusion, 200–2; tax burdens, 203–4; tax credit systems, 202, 204–5, 225 Farage, Nigel: 11; leader of UKIP, 72; political rhetoric of, 20 Fawcett Society: surveys conducted by, 195–6 federalism: 69 feminism: 185, 199, 205; gender pay gap, 198–9; orthodox, 194 Fidesz: 69, 71, 73 Fillon, François: 73 Financial Times: 91, 108, 115, 138, 145, 147 Finkelstein, Daniel: 34 Five Star Movement: 53, 55, 64, 70, 73 Florida, Richard: concept of ‘Creative Class’, 136 Foges, Clare: 183 food sector: 17, 102, 125, 126 Ford, Robert: 35, 150 foreign ownership: 172–74, 230 Fortuyn, Pim: assassination of (2002), 50, 69 France: 69, 75, 94–6, 101, 173; agricultural sector of, 96; compulsory insurance system of, 222; Paris, 104, 143; high-skill/low-skill job disappearance in, 151; Revolution (1789–99), 106 Frank, Thomas: concept of ‘liberalism of the rich’, 62 Franzen, Jonathan: 110 free trade agreements: opposition to, 62 Freedom Party: 69; electoral defeat of (2016), 70; ideology of, 73; supporters of, 70 French Colonial Empire (1534–1980): 107 Friedman, Sam: ‘Introducing the Class Ceiling: Social Mobility and Britain’s Elite Occupations’, 187 Friedman, Thomas: World is Flat, The, 85 Front National (FN): 53, 69, 72–3; European electoral performance of (2014), 72; founding of (1973), 72; supporters of, 72 Gallup: polls conducted by, 65 Ganesh, Janan: 115, 145 gay marriage: 5, 76; opposition to, 46–7; support for, 26, 220 General Electric Company (GEC) plc: 172, 175 German-British Forum: members of, 174 Germany: 70, 73, 86, 94, 96, 100–1, 173–4, 209; automobile industry of, 96; chemical industry of, 176; compulsory insurance system of, 222; education sector of, 166; high-skill/low-skill job disappearance in, 151; labour market of, 147; Leipzig, 58; Ludwigshafen, 176; Reunification (1990), 96, 147, 176; Ruhr, 176–7 Ghemawat, Prof Pankaj: 85–6 Gilens, Martin: study of American public policy and public preferences, 61–2 Glasman, Maurice: 227 Global Financial Crisis (2007–9): 56, 169–70, 177; Credit Crunch (2007–8), 98, 177 Global Villagers: 31–2, 44–5, 160, 226; characteristics of, 46; political representation of, 75; political views of, 109, 112 globalisation: 9–10, 50–2, 81–2, 85, 87–8, 90–1, 105–6, 148; economic, 9; global trade development, 86–7; growth of, 85–6; hyperglobalisation, 88–9; relationship with nation states, 85–6; sane, 90 Golden Dawn: 74; growth of, 105 Goldman Sachs: personnel of, 31 Goldthorpe, John: 184–5, 189–90 Goodhart, David: 12 Goodwin, Fred: 168 Goodwin, Matthew: 150 Gordon, Ian: 137–8, 140 Gould, Philip: 220 Gove, Michael: 64, 91 great liberalisation: 39–40, 47; effect of, 40 Greater London Authority (GLA): 143 Greece: 53, 56, 69, 74, 99, 105; Athens, 143; government of, 98 Green, Francis: 163 Green Party (UK): supporters of, 38 Group of Twenty (G20): 89 Guardian: 14, 210 Habsburg Empire (Austro-Hungarian Empire): collapse of (1918), 107 Haidt, Jonathan: 11, 30, 33, 133; Righteous Mind, The, 28–9 Hakim, Catharine: 205 Hall, Stuart: 14–15 Hames, Tim: 135–6 Hampstead/Hartlepool alliance: 75 Hanson Trust: subsidiaries of, 175 Hard Authoritarian: 43–7, 51, 119, 220; characteristics of, 24–5; political views of, 109 Harris, Gareth: 137; ‘Changing Places’, 137 Harvard University: faculty of, 57 Heath, Edward: foreign policy of, 96 Higgins, Les: role in establishment of British Values Survey, 43 High Speed 2 (HS2): 228 High Speed 3 (HS3): aims of, 151, 228 Hitler, Adolf: 94 Hoescht: 176 Hofstadter, Richard: ‘Everyone is Talking About Populism, But No One Can Define It’ (1967), 54 Holmes, Chris: 151 homophobia: observations in BSA surveys, 39; societal views of, 39–40, 216 Honig, Bonnie: concept of ‘objects of public love’, 111 Huguenots: 121 Huhne, Chris: 16, 32 human rights: 5, 10, 55, 113; courts, 113; legislation, 5, 83–4, 109, 112; rhetoric, 112–13 Hungary: 53, 64, 69, 71, 73–4, 99, 218; Budapest, 218 Ignatieff, Michael: leader of Liberal Party (Canada), 13 Imperial Chemical Industries (ICI): 172, 174–5; personnel of, 169; subsidiaries of, 175 Inbetweeners: 4, 25, 46, 109; political views of, 109 India: 104 Inglehart, Ronald: theories of value change, 27 Insider Nation: concept of, 61, 64; evidence of, 61–2 Institute for Fiscal Studies (IFS): 201; findings of, 211–12 International Monetary Fund (IMF): 86–7, 102 interracial marriage: societal views of, 40 India: 10, 160 Ipsos MORI: polls conducted by, 42, 122 Iraq: 84; Operation Iraqi Freedom (2003–11), 82 Islam: 50; Ahmadiyya, 84; conservative, 131; Halal, 68; hostility to, 73; Qur’an, 50 Islamism: 130 Islamophobia: 130 Italy: 55, 64, 69–70, 73, 96; migrants from, 125 Jamaica: 14 Japan: 86; request for League of Nations racial equality protocol (1919), 109 Jews/Judaism: 121, 259; orthodox, 131; persecution of, 17 jingoism: 8 Jobbik: 53, 64, 74 Johnson, Boris: 145 Jones, Sir John Harvey: death of (2008), 169 Jordan, Hashemite Kingdom of: government of, 84 Jospin, Lionel: defeat in final round of French presidential elections (2002), 49 Judah, Ben: This is London: Life and Death in the World City, 145 Kaufmann, Eric: 8–9, 131, 219, 227; ‘Changing Places’, 137 Kellner, Peter: 78 King, Mervyn: Governor of Bank of England, 86 Kinnock, Neil: 98 knowledge economy: 147, 149, 154, 166, 221 Kohl, Helmut: 94 Kotleba: 74 Krastev, Ivan: 55, 65, 82–3 labour: 9, 89–90, 149; eastern European, 125–6; gender division of, 197; hourglass labour market, 150, 191; living wage, 26, 152; market, 95, 101–2, 124, 140, 147–8, 150–2, 156–7, 181, 225 Labour Party (Denmark): 77 Labour Party (Netherlands): 50; supporters of, 76 Labour Party (UK): 2, 23, 53, 57, 72, 123, 157, 159, 207; Blue Labour, 63; electoral performance of (2015), 75; European election performance (2014), 72; expansion of welfare state under, 199–200; members of, 14, 20, 36, 59, 61, 77–8, 84; Momentum, 53; New Labour, 33, 75, 107, 123, 155, 159, 167, 196, 207, 220, 226, 232; Party Conference (2005), 7; social media presence of, 79; supporters of, 17, 35, 75, 77, 143, 221; voting patterns in Brexit vote, 19 Lakner, Christoph: concept of elephant curve, 87 Lamy, Pascal: 97 Latvia: adoption of Euro, 98–9; migrants from, 25–6 Laurison, Daniel: ‘Introducing the Class Ceiling: Social Mobility and Britain’s Elite Occupations’, 187 Law and Justice Party: 69, 71, 73 Lawson, Nigel: 205 Le Pen, Jean-Marie: victory in final round of French presidential elections (2002), 49, 69 Le Pen, Marine: 53; electoral strategies of, 73 Leadbeater, Charles: 53 League of Nations: protocols of, 109 left-behinders: 20 Lega Nord: 69 Levin, Yuval: Fractured Republic, The, 232 liberal democracy: 2, 31, 55 Liberal Democrats: 23, 53–4; members of, 16; supporters of, 38, 78 Liberal Party (Canada): members of, 13 liberalism: 4–5, 12–13, 29–31, 55, 76, 119, 127–8, 199, 233; Anywhere, 27–8; baby boomer, 6; double, 1, 63; economic, 11; graduate, 216–17; meritocratic, 34; metropolitan, 216; orthodox, 13–14; Pioneer, 44; social, 4, 11 libertarianism: 8, 11, 22, 39, 44 Libya: 84; Civil War (2011), 225 Lilla, Mark: 35 Lind, Michael: 105, 135 Livingstone, Ken: 136 Lloyd, John: 56 London School of Economics (LSE): 54, 137–8, 140, 183 Low Pay Commission: findings of, 170 Lucas Industries plc: 172 male breadwinner: 149, 194, 195, 198, 206, 207 Manchester University: faculty of, 131 Mandelson, Peter: British Home Secretary, 61; family of, 61 Mandler, Peter: 135 Marr, Andrew: 53, 181 Marshall Plan (1948): 92 mass immigration: 14, 55, 104–5, 118–19, 121–4, 126–7, 140, 228–9; accompanied infrastructure development, 137–9; brain-drain issue, 102; debate of issue, 81–2; freedom of movement debates, 100–3; housing levels issue, 138–9; impact on wages, 152; integration, 129–32, 140–2; non-EU, 124–5; opposition to, 16–17, 120, 220 May, Theresa: 63, 179, 183, 198–9; administration of, 173, 176, 187, 191, 230; British Home Secretary, 124–5; ‘Citizens of Nowhere’ speech (2016), 31; political rhetoric of, 15, 31, 226 McCain, John: electoral defeat of (2008), 68 meritocracy: 152, 179–80, 190; critiques of, 180–1; perceptions of, 182–3 Merkel, Angela: reaction to refugee crisis (2015), 71 Mexico: borders of, 21 migration flows: global rates, 82, 87; non-refugee, 82 Milanovic, Branko: 126; concept of elephant curve, 87 Miliband, Ed: 78, 189 Mill, John Stuart: ‘harm principle’ of, 11–12 Millennium Cohort Study: 159 Miller, David: concept of ‘weak cosmopolitanism’, 109 Mills, Colin: 185 Mitterand, François: 94, 97 mobility: 8, 11, 20, 23, 36, 37, 38, 153, 167, 219; capital: 86, 88; geographical, 4, 6; social, 6, 33, 58, 152, 168, 179, 180, 182, 183–191, 213, 215, 220, 226, 231 Moderate Party: members of, 70 Monnet, Jean: 94–5, 97, 103–4 Morgan Stanley: 171 Mudde, Cas: observations of populism, 57 multiculturalism: 14, 50, 141–2; conceptualisation of, 106; laissez-faire, 132 narodniki: 54 national identity: 14, 38, 41, 111–12; conceptualisations of, 45; indifference to, 41, 46, 106, 114; polling on, 41 nationalism: 38, 46–7, 105; chauvinistic, 107, 120; civic, 23, 53; extreme, 104; moderate, 228; modern, 112; post-, 8, 105–6, 112; Scottish, 221 nativism: 57 Neave, Guy: 36 net migration: 126; White British, 136 Netherlands: 13–14, 50, 69, 73, 75, 99–100; Amsterdam, 49, 51; immigrant/minority population of, 50–1; Moroccan population of, 50–1 Netmums: surveys conducted by, 205–6 New Culture Forum: members of, 144 New Jerusalem: 105 New Society/Opinion Research Centre: polling conducted by, 33 New Zealand: 160 Nextdoor: 114 non-governmental organizations (NGOs): 21; refugee, 82 Norris, Pippa: 57 North American Free Trade Agreement (NAFTA): 91; opposition to, 62 North Atlantic Treaty Organization (NATO): 85, 92; personnel of, 84 Norway: 69 Nuttall, Paul: leader of UKIP, 72; Obama, Barack: 67; approval ratings of, 60; electoral victory of (2012), 68; healthcare policies of, 22–3; target of birther movement, 68 O’Donnell, Gus: background of, 15–16; British Cabinet Secretary, 15 O’Leary, Duncan: 232 Open University: Centre for Research on Socio-Cultural Change (CRESC), 172–3 Operation Iraqi Freedom (2003–11): political impact of, 56 Orbán, Victor: 69, 218 Organisation for Economic Co-operation and Development (OECD): 201, 204; report on education levels (2016), 155–6; start-ups ranking, 173 Orwell, George: Nineteen Eighty-Four, 108–9 Osborne, George: 189; economic policies of, 4, 226 Oswald, Andrew: 171 Ottoman Empire: collapse of (1923), 107 outsider nation: concept of, 61, 64 Owen, David: 99 Oxford University: 15, 35, 179, 186; Centre on Skills, Knowledge and Organisational Performance, 151; faculty of, 31, 151; Nuffield College, 32 Pakistan: persecution of Ahmadiyya Muslims in, 84 Parris, Matthew: 115 Parsons, Talcott: concept of ‘achieved’ identities, 115 Party of Freedom (PVV): 69; ideology of, 73; supporters of, 50, 76 Paxman, Jeremy: 42 Pearson: ownership of Higher National Certificates (HNCs)/Higher National Diplomas (HNDs), 157 Pegida: ideology of, 73 Pessoa, Joao Paulo: 88 Phalange: 74 Phillips, Trevor: 133 Pioneers: characteristics of, 43–4 Plaid Cymru: supporters of, 38 Podemos: 53, 64 Poland: 56, 69, 73; migrants from, 25–6, 121 Policy Exchange: ‘Bittersweet Success’, 188 political elites: media representation of, 63–4 populism: 1, 5, 13–14, 49–52, 55–6, 60, 64, 67, 69–74, 81; American, 54, 65; British, 63; decent, 6, 55, 71, 73, 219–20, 222, 227, 233; definitions of, 54; European, 49, 53, 65, 68–9, 74; left-wing, 54, 56; opposition to, 74; right-wing, 33, 51, 54 Populists: 54 Portillo, Michael: 31 Portugal: migrants from, 121, 125 post-industrialism: 6 post-nationalism: 105 poverty: 83, 168; child, 183–4, 200, 204; extreme, 87; reduction of, 78, 200; wages, 231 Powell, Enoch: ‘Rivers of Blood’ speech (1968), 127 Professionalisation of politics: 59 Progress Party: 69 progressive individualism: 5 Progressive Party: founding of (1912), 54 proportional representation: support for, 228 Prospect: 14, 91, 136 Prospectors: characteristics of, 43 Protestantism: 8, 213 Putin, Vladimir: 218 Putnam, Robert: 22; theory of social capital, 110 racism: 32, 73–4, 134; observations in BSA surveys, 39; societal views of, 39; violent, 127 Rashid, Sammy: Sheffield report, 155 Reagan, Ronald: 58, 63; approval ratings of, 60 Recchi, Ettore: 104 Refugee Crisis (2015–): 83–4; charitable efforts targeting, 21–2; government funds provided to aid, 83; political reactions to, 71 Relationships Foundation: 202 Republic of Ireland: 99; high-skill/low-skill job disappearance in, 151; property bubble in, 98 Republican Party: ideology of, 62, 65; members of, 68 Resolution Foundation: 87–8; concept of ‘squeezed middle’, 168–9; reports of, 171 Ricardo, David: trade theory of, 101 Robinson, Eric: 36 Rodrik, Dani: 82, 89; concept of ‘hyperglobalisation’, 88; theory of ‘sane globalisation’, 90 Romania: 26; accession to EU, 225 (2007); migrants from, 102, 126 Romney, Mitt: electoral defeat of (2012), 68 Roosevelt, Theodore: leader of Progressive Party, 54 Rousseau, Jean-Jacques: 156 Rowthorn, Bob: 149 Royal Bank of Scotland (RBS): personnel of, 168 Royal College of Nursing: 140 Rudd, Amber: foreign worker list conflict (2016), 17 Ruhs, Martin: 126 Russell Group: 55; culture of, 37; student demographics of, 130–1, 191 Russian Federation: 2, 92; Moscow, 218; St Petersburg, 218 Rwanda: Genocide (1994), 82 Saffy factor: concept of, 199, 221–2 Scheffer, Paul: 85; ‘Multicultural Tragedy, The’ (2000), 49–50 Schumann, Robert: 94 Sciences Po: personnel of, 104 Scottish National Party (SNP): 1, 23, 54, 112; electoral performance of (2015), 75; ideology of, 53 Second World War (1939–45): 105, 194; Holocaust, 109 Security and identity issues: 41, 78, 81 Settlers: characteristics of, 43 Sikhism: 131 Singapore: 101, 128; education levels in, 156 Slovakia: 69, 73–4 Slovenia: adoption of Euro, 98–9 Smer: 69, 73 Smith, Zadie: 141–2 Social Democratic Party: supporters of, 75–6 social mobility: 6, 33, 58, 179–80, 183, 187, 189–91, 220; absolute mobility, 184, 188; relative mobility, 184; slow, 168; upward, 152 Social Mobility Commission: 161, 179–80 socialism: 49, 72, 183, 190 Somewheres: 3–5, 12–13, 17–18, 20, 41–3, 45, 115, 177, 180, 191, 214, 223, 228; characteristics of, 5–6, 2, 32; conflict with Anywheres, 23, 79, 81, 193, 215; conservatism, 7–8; employment of, 11; European, 103; immigration of, 106; moral institutions, 223–4; political representation/voting patterns of, 13–14, 24–6, 36, 53–5, 77–9, 124, 227; political views of, 71, 76, 109, 112, 119, 199, 218, 224–6, 232; potential coalition with Anywheres, 220, 222, 225–6, 233; view of migrant integration, 134 Sorrell, Martin: 31 Soskice, David: 159 South Korea: 86 Soviet Union (USSR): 92, 188; collapse of (1991), 82, 107 Sowell, Thomas: 30; A Conflict of Visions, 29 Spain: 53, 56, 64, 74; government of, 98; migrants from, 125; property bubble in, 98 Steinem, Gloria: 198 Stenner, Karen: 30, 44, 122, 133, 227; Authoritarian Dynamic, The, 30–1 Stephens, Philip: 108 Sun, The: 227 Sutherland, Peter: 31–2 Sutton Trust: end of mobility thesis, 183–5 Swaziland: 135 Sweden: 56, 70, 100; general elections (2014), 70; Stockholm, 143; taxation system of, 222 Sweden Democrats: 70; electoral performance of (2014), 70; ideology of, 73 Switzerland: 37 Syria: Civil War (2009–), 82, 84 Syriza: 53, 69 Taiwan: 86 Teeside University: 164 terrorism: jihadi, 71, 74, 129 Thatcher, Margaret: 58, 63, 95, 189, 205; administration of, 169; economic policies of, 176 Third Reich (1933–45): 104; persecution of Jews in, 17 Times Education Supplement: 37 Timmermans, Frans: EU Commissioner, 128 Thompson, Mark: Director-General of BBC, 15 trade theory: principles of, 101 Transatlantic Trade and Investment Partnership (TTIP): 89; support for, 225 Trump, Donald: 50, 62, 74, 85; electoral victory of (2016), 1–3, 5–7, 13, 27, 30, 64–8, 81, 232; political rhetoric of, 14, 22–3, 51, 54, 66–7; supporters of, 56, 67 Tube Investments (TI): 172 Turkey: 218 Twitter: use for political activism, 79 Uber: 140 UK Independence Party (UKIP): 53, 55, 63–4, 69, 71–3, 228; electoral performance of (2015), 75; European election performance (2009), 71–2; members of, 13; origins of, 72; supporters of, 24, 35, 38, 72, 75, 143, 168, 216, 222 ultimatum game: 52 Understanding Society: surveys conducted by, 37–8, 202 unemployment: 101–2; gender divide of, 208–9; not in employment, education or training (Neets), 151–2, 190; youth, 139, 151–2, 166 Unilever: 175 United Kingdom (UK): 1–3, 8, 11–12, 21, 27–8, 31, 33, 41, 44, 59–60, 69, 73, 75, 81, 83, 91, 111–12, 147, 165, 173, 180, 193–5, 199, 204, 217, 227; Aberdeen, 136; accession to EEC (1973), 93; Adult Skills budget of, 161, 225; apprenticeship system of, 154, 157, 162–3, 166; Birmingham, 7, 123, 166; Boston, 121; Bradford, 133, 136; Bristol, 136; British Indian population of, 77; Burnley, 151; Cambridge, 136; City of London, 95, 106, 174; class system in, 58–9, 75, 123, 135–6, 149–52, 172, 182–3, 186, 195; Dagenham, 136; Department for Education, 206; Department for International Development (DfID), 224; Divorce Law Reform Act (1969), 196; economy of, 152, 170; Edinburgh, 54, 136; education sector of, 35, 147, 154–8; ethnic Chinese population of, 77; EU citizens in, 101; Finance Act (2014), 211; Foreign and Commonwealth Office (FCO), 224; Glasgow, 136; high-skill/low-skill job disappearance in, 150–1; higher education sector of, 35–7, 47, 159–62, 164–7, 179, 208, 230–1; Home Office, 17; House of Commons, 162; general election in (2015), 60; House of Lords, 31; Human Rights Act, 123, 225; income inequality levels in, 169–70, 172, 177, 184–5; labour market of, 16, 26, 124, 140–1, 148, 150–1, 152, 225; Leicester, 133; Leeds, 161; London, 3–4, 7, 10–11, 18–19, 24, 26, 34, 37, 59, 79, 101, 114–15, 119, 123, 131, 133–45, 151, 168, 216, 218, 226, 228, 232–3; Manchester, 123, 136, 151, 161, 228; manufacturing sector of, 17, 88; mass immigration in, 122–4, 126–7, 228–9; Muslim immigration in, 41–2, 44; Muslim population of, 127, 130; National Health Service (NHS), 72, 91, 111, 120, 140, 144, 200–1, 229; National Insurance system of, 204; Newcastle, 131, 136, 161; Northern Ireland, 38; Office for Fair Access, 180; Office for Standards in Education, Children’s Services and Skills (Ofsted), 155; Office of National Statistics (ONS), 138, 144–5; Oldham, 133; Olympic Games (2012), 111, 143, 222; Oxford, 136; Parliamentary expenses scandal (2009), 56, 168; Plymouth, 131; public sector employment in, 171, 208–9, 229–30; regional identities in, 3–4, 186; Rochdale, 124; Scotland, 110, 138; Scottish independence referendum (2014), 53, 110; self-employment levels in, 171; Sheffield, 161; Slough, 131, 133; social mobility rate in, 58, 184–5, 187; start-ups in, 173–4; Stoke, 121; Sunderland, 52, 172; Supreme Court, 66; taxation system of, 222; Treasury, 16; UK Border Agency, 108; vocational education in, 163; voting patterns for Brexit vote, 7–9, 19–20, 23, 26, 36, 52; wage levels in, 168; Wales, 138; welfare state in, 199–203, 223–4, 231–2; Westminster, 54, 58, 60; youth unemployment in, 151–2 United Nations (UN): 102, 198; Conference on Trade and Development (UNCTAD), 10; Declaration of Human Rights (1948), 109; Geneva Convention (1951), 82–4; High Commission for Refugees (UNHCR), 82, 84; Security Council, 99 United States of America (USA): 1–2, 6–7, 22–3, 36–7, 51, 57, 60, 74, 86, 89, 94, 128, 168, 193, 208, 227; 9/11 Attacks, 130; Agency for International Development (USAID), 224; Asian population of, 68; borders of, 21; Chinese Exclusion Act (1882), 54; class identity in, 65–6; Congress, 67; Constitution of, 57; education system of, 166; higher education sector of, 167; Hispanic population of, 67–8, 85; House of Representatives, 67; immigration debate in, 67–8; Ivy League, 36, 61; New York, 135; political divisions in, 65; Senate, 67 University College London (UCL): Imagining the Future City: London 2061, 137, 139 University of California: 165 University of Kent: 36 University of Sussex: 36 University of Warwick: 36; faculty of, 171 Vietnam War (1955–75): 29 Visegrad Group: 69, 73, 99 Vlaams Belang: ideology of, 73 wages for housework: 194 Walzer, Michael: 117–18 War on Drugs: 62 WEIRD (Western, Educated, Industrialised, Rich and Democratic): 27 Welzel, Christian: Freedom Rising, 27 Westminster University: 165 white flight: 129, 134, 136 white identity politics: 9, 67 white supremacy: 8, 68, 73–4 Whittle, Peter: 144 Wilders, Geert: 50, 76 Willetts, David: 164, 185 Wilson, Harold: electoral victory of (1964), 150 Wolf, Prof Alison: 162, 164–5; XX Factor, The, 189, 198 working class: 2–4, 6, 51–2, 59, 61, 65; conservatism, 8 political representation/views of, 8, 52, 58, 63, 70, 72; progressives, 78–9; voting patterns of, 15, 52, 75–6; white, 19, 68 World Bank: 84 World Trade Organisation (WTO): 10, 85, 89–90, 97; accession of China to (2001), 88 World Values Survey: 27 xenophobia: 2, 14, 50–1, 57, 71, 119, 121, 141, 144, 225 York, Peter: 138 York University: 36 YouGov: personnel of, 78; polls conducted by, 16–17, 42, 66, 79, 114, 132, 141 Young, Hugo: 93 Young, Michael: 119, 190; Rise of the Meritocracy, The, 180–1 Yugoslav Wars (1991–2001): 97 Yugoslavia: 97 Zeman, Milos: President of Czech Republic, 73


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SUPERHUBS: How the Financial Elite and Their Networks Rule Our World by Sandra Navidi

"World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Alan Greenspan, Anthropocene, assortative mating, bank run, barriers to entry, Bear Stearns, Bernie Sanders, Black Swan, Blythe Masters, Bretton Woods, butterfly effect, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, central bank independence, cognitive bias, collapse of Lehman Brothers, collateralized debt obligation, commoditize, conceptual framework, corporate governance, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, digital divide, diversification, Dunbar number, East Village, eat what you kill, Elon Musk, eurozone crisis, fake it until you make it, family office, financial engineering, financial repression, Gini coefficient, glass ceiling, Glass-Steagall Act, Goldman Sachs: Vampire Squid, Google bus, Gordon Gekko, haute cuisine, high net worth, hindsight bias, income inequality, index fund, intangible asset, Jaron Lanier, Jim Simons, John Meriwether, junk bonds, Kenneth Arrow, Kenneth Rogoff, Kevin Roose, knowledge economy, London Whale, Long Term Capital Management, longitudinal study, Mark Zuckerberg, mass immigration, McMansion, mittelstand, Money creation, money market fund, Myron Scholes, NetJets, Network effects, no-fly zone, offshore financial centre, old-boy network, Parag Khanna, Paul Samuelson, peer-to-peer, performance metric, Peter Thiel, plutocrats, Ponzi scheme, power law, public intellectual, quantitative easing, Renaissance Technologies, rent-seeking, reserve currency, risk tolerance, Robert Gordon, Robert Shiller, rolodex, Satyajit Das, search costs, shareholder value, Sheryl Sandberg, Silicon Valley, social intelligence, sovereign wealth fund, Stephen Hawking, Steve Jobs, subprime mortgage crisis, systems thinking, tech billionaire, The Future of Employment, The Predators' Ball, The Rise and Fall of American Growth, too big to fail, Tyler Cowen, women in the workforce, young professional

Steve Schwarzman and Pete Peterson of Blackstone decided early on not to pursue hostile deals but to instead use their connections to partner with companies in their buyouts.9 Today’s leaders in finance do not have to be born into privilege to make it, although executives from connected families, such as Jamie Dimon, certainly get a head start. Homophily also extends to the choice of spouses with a comparable socioeconomic background in what is called “assortative mating,” the pairing of like with like. Power couples lead prosperous lives, and they further perpetuate income inequality by facilitating their offspring’s advantaged start in life.10 A perfectly just system should be meritocratic, but true meritocracy has proven elusive. In 1995, Newsweek featured a cover story titled “The Rise of the Overclass,” which included numerous Wall Street stars—women and various ethnic groups among them.

See also Deutsche Bank at EQT Partners, 144 family of, 136 general references to, 101, 118, 120 International Institute of Finance and, 131 legal charges against, 142–143 Mannesmann AG and, 142–143 Pierre Wauthier suicide and, 138, 144 public relations mistakes by, 143 at Zürich Insurance, 144 “Age of irresponsibility,” 222 Ahamed, Liaquat, 160 AIG, 31, 48, 183–184, 217 Air France, 193 “Airport test,” 80 Albania, 27 Alibada Group, 103 Allen & Company Sun Valley Conference, 112 Alpha personality, 55–58 Alps, 38, 93, 122 Altman, Roger, 121 Alumni networks, 81 Al-Waleed, Prince of Saudi Arabia, 205 Amazon, 199 Amygdala, 98 “Analysis paralysis,” 51 Analytical thinking, 218 Anarchy, 213 Andreessen Horowitz, 189 Anger, 57 Annan, Kofi, 27 Ant colonies, 6 “Anthropocene,” xxvii Apollo Global Management, 88 Appaloosa Management, 88 Arab Spring, 226 Arabella Sheraton Hotel Seehof, 115 Arbitrage traders, 166, 208 Arcadia Conference, 34 Archbishop of Westminster, 226 Aristotle, 79 Arrow, Kenneth, 185 “Ask gap,” 153 Aspen Institute, 112, 200 Assess the Value of Your Networks, 41 Assessment gap, 152–153 “Assortative mating,” 80 Athleticism, 126 Atlantic Council, 158 Avenue Capital Group, 90 AXA, 179 Axel Springer, 136 Azerbaijan, 171 B Babacan, Ali, 120 Bacall, Lauren, 199 Bacon, Louis, 109 Bailouts, 10–11, 216 Bair, Sheila, 56, 150, 168, 172–173, 176, 214 Baker & McKenzie, 154, 159 Banamex Bank, 167 Banco Santander, 121, 148 Bank(s) bailouts of, 10–11, 216 central, xxv, 6, 10, 32–33, 37 CEOs of, 38, 87–88, 174 commercial, 37 description of, xxv investment, 38 postcrisis regulation of, 218 private, 37 private equity firms and, 61 regular, 37 savings, 37 shadow, 38 “too big to fail,” 216 Bank Credit-Dnepr, 195 Bank for International Settlements, 37, 78, 214 Bank of America, 115, 151, 183 Bank of Cyprus, 144–145 Bank of England, xxv, 32, 43, 57, 84, 106, 165, 214–215, 222 Bank of Israel, 36, 84 Bank of New York, 196 Bank One, 65 Banking Conduct and Culture, 223 Banque de France, 39 Barabasi, Albert-László, 19 Barak, Ehud, 9 Barclays, 43, 137, 179, 183, 205 Basel Committee on Banking Supervision, 37 BASF, 115 Bass, Kyle, 154 Baur au Lac Hotel, 38 Bear Stearns, 41, 56–57, 198 Beaux-Arts style, 34 Behavior of networks, 20 Beijing, 103, 194 “Believability index,” 72 “Believability matrices,” 71 Belvédère Hotel, 3, 9, 29 Berkeley Hotel, 43 Berkshire Hathaway, 60 Berlusconi, Silvio, 177–178 Bernanke, Ben annual salary of, 165 as Federal Reserve chairman, 34–37, 188 background on, 36 at Bilderberg conference, 121 in Euro crisis, 177–178 in financial crisis of 2007–2008 management, 11, 36–37, 84, 172 Medley Global Advisors leak and, 43 power of, 35 Princeton University graduation speech by, 50, 80 successor to, 188 Bernstein, Leonard, 199 Beverly Hills Hotel, 192 Bieber, Justin, 67 “Big data analysis” programs, 72 Bild, 136 Bilderberg conference, 120–122 Bilderberg Group, 96, 112 Bilderberg Steering Committee, 142 Billionaires, 123 BIS.


pages: 550 words: 89,316

The Sum of Small Things: A Theory of the Aspirational Class by Elizabeth Currid-Halkett

assortative mating, back-to-the-land, barriers to entry, Bernie Sanders, biodiversity loss, BRICs, Capital in the Twenty-First Century by Thomas Piketty, clean water, cognitive dissonance, David Brooks, deindustrialization, Deng Xiaoping, discrete time, disruptive innovation, Downton Abbey, East Village, Edward Glaeser, en.wikipedia.org, Etonian, fixed-gear, food desert, Ford Model T, gentrification, Geoffrey West, Santa Fe Institute, income inequality, iterative process, knowledge economy, longitudinal study, Mason jar, means of production, NetJets, new economy, New Urbanism, plutocrats, post scarcity, post-industrial society, profit maximization, public intellectual, Richard Florida, selection bias, Sheryl Sandberg, Silicon Valley, systems thinking, tacit knowledge, The Design of Experiments, the High Line, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, the long tail, the market place, The Theory of the Leisure Class by Thorstein Veblen, Thorstein Veblen, Tony Hsieh, Tyler Cowen, Tyler Cowen: Great Stagnation, upwardly mobile, Veblen good, women in the workforce

Increasingly, as cities are sites of intellectual production (finance, technology, the arts) rather than industrial production, they are also the nexus where the very skilled end up meeting each other and having kids, thus becoming the ultimate power couples and producing children who grow up to become the same.22 Much of the concern around inequality stems from the social and economic bifurcation between the skilled and the less skilled and the opportunities that exist for them and future generations. The roots of this phenomenon can be traced to the dating market of urban centers (particularly as people marry like, rather than marrying “up” or “down,” a twenty-first-century trend economists term “assortative mating”23). Smart people want to be around other smart people not just for work, but also for friendships and romantic relationships, and over time that results in highly stratified hyper-educated affluent places where, as the economist Tyler Cowen remarked, “Money and talent become clustered in high-powered, two-earner families determined to do everything possible to advance the interests of their children.”24 The social and economic interplay of urban inhabitants enables and promotes cities as the ultimate sites of consumption.

AEA (equity firm), 144 age, consumption influenced by, 37, 38t Ahn, Eugene, 122, 137 Ahrendts, Angela, 14 Alaskan Wildlife Refuge, 143 Albert, Prince, 10 Albertson’s, 118 alcohol, 164 Alger, Horatio, 10, 183 Ali, Shimelse, 193–94 alienated labor, 121, 141–42 Alkon, Alison, 124 alternative consumption, 138 American Academy of Pediatrics, 78, 80 American Dream, 175, 182, 183 anxious middle, 183 Armani Exchange (A/X), 11 Arts and Crafts movement, 139–40 Asians, consumption patterns of, 37 aspiration: imitation as means of, 7–8; information availability as spur to, 10 aspirational class: bobos compared to, 19; characteristics and values of, 19, 21–22, 183–84; cities linked to, 148, 151–52; and cost-of-information inconspicuous consumption, 50–60; and cost-prohibitive inconspicuous consumption, 60–62; economic hierarchy within, 19–20; inconspicuous consumption by, 21–22, 49–77; reproduction of, 51–52, 55, 75–77, 185–86, 189–90; rise of, 17–20; social impact of, 185–86 assortive mating, 155 Athletica, 103 attachment parenting, 94 authenticity, 127, 132 Bach, Lydia, 101–2 Bailey, Christopher, 14 Ballet Slippers (nail polish), 46–48, 51, 53 Baltimore, 162, 167 Banana Republic, 11–12 Barber, Elizabeth Wayland, 140 Bare Burger, 123 The Bar Method, 101–2 barre studios, 102–3 Barthes, Roland, 80–81 Baumann, S., 55 Baumol, William, 63–64 beauty and personal grooming care, 171–72 beer, 164 Bell, Daniel, 106 Bennhold, Katrin, 57 Berk, Lotte, 100–101 Berkeley Bowl, 117 Bianchi, Suzanne, 65–66 birthing practices, 92–94 blacks, consumption patterns of, 37 Bluefly, 12 boats and motors, 33, 33f bobos, 18–19, 55–56, 106, 227n3 Boorstin, Daniel, 6, 25–26 Boston, 163–64, 173, 179 bottled water, 164 Bourdieu, Pierre, 3, 48, 53, 55, 59, 177, 224n20 boutiques, 127–28 Bowen, Sarah, 197 Bowman, Elizabeth, 121, 138, 142 brand leaders, 194 Bravo, Rosie Marie, 14 Brazil, 94, 193 breastfeeding, 78–92, 85f, 104–5, 225n6 Brenton, Joslyn, 197 BRIC countries, 193 Bristol, Muriel, 1–2 Brooks, David, 17–19, 55–56, 106 Broome Street General Store, 128 Bucks & Does, 128 Buddhism, 138 Burberry’s, 13–14 Bureau of Labor Statistics, 27 Burt’s Bees, 144 California, food production in, 125–26 Cameron, David, 56 candles, 2–3 capitalism: conspicuous production and, 141; cultural contradictions of, 106–7; Marx’s critique of, 141–42; reactions against, 139–40 Capote, Truman, 10 Carlin, George, 182 Carney, Kevin, 137 car purchases/sales, 177, 193 Carson, Rachel, Silent Spring, 135 cash contributions, 29 Centers for Disease Control (CDC), 79–80 Century Foundation, 189 CES.


pages: 349 words: 95,972

Messy: The Power of Disorder to Transform Our Lives by Tim Harford

affirmative action, Air France Flight 447, Airbnb, airport security, Albert Einstein, Amazon Mechanical Turk, Amazon Web Services, assortative mating, Atul Gawande, autonomous vehicles, banking crisis, Barry Marshall: ulcers, Basel III, Berlin Wall, Bletchley Park, British Empire, Broken windows theory, call centre, Cass Sunstein, Chris Urmson, cloud computing, collateralized debt obligation, Computing Machinery and Intelligence, crowdsourcing, deindustrialization, Donald Trump, Erdős number, experimental subject, Ferguson, Missouri, Filter Bubble, financial engineering, Frank Gehry, game design, global supply chain, Googley, Guggenheim Bilbao, Helicobacter pylori, high net worth, Inbox Zero, income inequality, industrial cluster, Internet of things, Jane Jacobs, Jeff Bezos, Loebner Prize, Louis Pasteur, machine readable, Marc Andreessen, Mark Zuckerberg, Menlo Park, Merlin Mann, microbiome, out of africa, Paul Erdős, Richard Thaler, Rosa Parks, self-driving car, side project, Silicon Valley, Silicon Valley startup, Skype, Steve Jobs, Steven Levy, Stewart Brand, Susan Wojcicki, tacit knowledge, TED Talk, telemarketer, the built environment, The Death and Life of Great American Cities, the strength of weak ties, Turing test, Tyler Cowen, urban decay, warehouse robotics, William Langewiesche

It’s astonishing how widespread this tendency to homophily can be, and it can be both deep-rooted and absurdly superficial.* But while our attraction to people who share our outlook is not new, what is new is that we’re far more able to indulge that desire. Women are now far freer, better educated, and better paid, which is good news. But one unintended consequence of that freedom is what economists call “assortative mating.” Executives with MBAs used to marry their secretaries; now they marry other executives with MBAs.28 And just as people choose ever more similar spouses, they also choose ever more similar neighborhoods in a process called “assortative migration.” In the United States, neighborhoods are increasingly segregated—economically, politically, almost any way one cares to look at the data.29 We have an unprecedented choice of news outlets.

Bahns, K. M. Pickett, and C. S. Crandall, “Social Ecology of Similarity: Big Schools, Small Schools and Social Relationships,” Group Processes & Intergroup Relations, DOI: 10.1177/1368430211410751. 28. Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, and Cezar Santos, “Marry Your Like: Assortative Mating and Income Inequality,” NBER Working Paper No. 19829, January 2014, www.nber.org/papers/W19829. 29. Bill Bishop with Robert G. Cushing, The Big Sort: Why the Clustering of Like-Minded America Is Tearing Us Apart (Boston: Houghton Mifflin, 2008). 30. On this point, see Ethan Zuckerman’s excellent Rewire: Digital Cosmopolitans in the Age of Connection (New York: W.


pages: 459 words: 123,220

Our Kids: The American Dream in Crisis by Robert D. Putnam

assortative mating, business cycle, classic study, confounding variable, correlation does not imply causation, deindustrialization, demographic transition, desegregation, digital divide, ending welfare as we know it, epigenetics, full employment, George Akerlof, helicopter parent, impulse control, income inequality, index card, jobless men, longitudinal study, low skilled workers, machine readable, manufacturing employment, mass incarceration, meta-analysis, mortgage tax deduction, new economy, Occupy movement, Ralph Waldo Emerson, randomized controlled trial, school choice, selection bias, Socratic dialogue, The Bell Curve by Richard Herrnstein and Charles Murray, the built environment, the strength of weak ties, upwardly mobile, Walter Mischel, white flight, working poor

Bastedo and Ozan Jaquette, “Running in Place: Low-Income Students and the Dynamics of Higher Education Stratification,” Educational Evaluation and Policy Analysis 33 (September 2011): 318–39; Caroline M. Hoxby and Christopher Avery, “The Missing ‘One-Offs’: The Hidden Supply of High-Achieving, Low Income Students,” NBER Working Paper No. 18586 (Cambridge: National Bureau of Economic Research, December 2012). 41. Robert D. Mare, “Educational Assortative Mating in Two Generations: Trends and Patterns Across Two Gilded Ages” (unpublished manuscript, January 2013). Although I speak loosely here of the two “halves” of the century, in fact the turning point, both for intermarriage rates and for income inequality, came around 1970. 42. This is true even after accounting for the rising number of well-educated potential mates from which to pick.

., 135, 139–143, 264–65, 270–71 parental spending and, 125–26, 126 in Port Clinton, Ohio, 5–6, 24–26 savvy gap and, 157, 216 social networks and, 209–10, 209 affordable housing, 251–52 African Americans: affluent, 82–92 educational reform and, 161 in PCHS class of ’59, 12–19 poor, 101–108 see also specific individuals air bags, sociological, 198, 210, 269 alcohol abuse, 55, 93, 102, 106–7, 113, 204 Alger, Horatio, 33 America, two-tiered: class differences and, 34–37, 37 consequences of, 77–79 inequality and, 31–34 marriage and, 40–41 opportunity and, 41–44 reasons for, 72–77 residential segregation and, 38–39, 38 American Dream, 1–45 class disparities in, 6–30 coinage of term, 33 conceptual note on, 44–45 inequality in, 31–34 Port Clinton as embodiment of, 1–2 socioeconomic status and, 189–90 solutions to crisis of, 227–61 two Americas in, 34–44 American economic history, 32–34, 230–31 American Political Science Association, 239 American Revolution, 237 “America’s Technology Highway,” 265 Amy, 198–202, 204–206, 216, 225, 234, 256 Andrew, 49, 50–54, 61, 65, 67, 78, 123, 125, 128, 209, 213, 221, 238 antipoverty programs, 246–47 apprenticeship, 255–56 Arendt, Hannah, 239–40 Army, U.S., 101, 157 Ash, Jay, 261 assortative mating, 40–41 Atlanta, Ga.: affluence in, 80, 82–92 as “Black Mecca,” 81 life stories of, see Carl; Desmond; Elijah; Lauren; Michelle; Simone; Stephanie racial segregation in, 81–83 Austin, Tex., 264, 272 Autobiography (Franklin), 32–33 Autor, David, 35, 231 “Avoid the Stork” campaign, 245–46 B Baby and Child Care (Spock), 117 Bailey, Martha, 185 Belfield, Clive, 232 Bend, Oreg.: affluence in, 50–54 child poverty in, 47–48, 48 economic disparity in, 46–49 housing boom in, 46–47 life stories of, see Andrew; Darleen; Earl; Joe; Kayla; Patty logging industry in, 46 old-timers vs. newcomers in, 46–49 as tourist destination, 264 Bernanke, Ben, 32 Big Brothers Big Sisters, 213 Birmingham, Ala., 270 birth control, see contraception births: cultural shifts and, 73–75 shotgun marriages and, 62 teen, 2, 196, 203–5, 245–46 “Black Mecca,” 81 blended families, 68–71 Boston, Mass., 261, 265 Bowling Alone (Putnam), 211 Boyd, Danah, 212 Brady, Henry, 236 brain development, 109–117, 246 Brown, Margaret Wise, 125–26, 242 Building Strong Families initiative, 244 Bush, George W., 244 Bush, Laura, 130 C California High School Exit Exam (CAHSEE), 156 Carl, 83–86, 88–92, 101, 110, 118, 119–20, 209, 229 Carlson, Marcia, 75 Catholic schools, 84, 201, 254–55 certificate courses, 186 character building, 176 charter schools, 204, 253–54 Chelsea, 2, 24–26, 30, 31, 32, 39, 43, 78, 261, 266 Cherlin, Andrew J., 73 Cheryl, 2, 12–13, 15–19, 30, 213, 274 Chetty, Raj, 228 child care: day care and, 128–30, 248–49 early childhood education and, 153, 249–51 nannies and, 194–95 nonparental, 128–30, 248–49 parental time in, 126–28, 127 spending gap in, 125–26 child development: Adverse Childhood Experiences Scale and, 112–13, 113 autonomy and, 89 brain development in, 109–17, 246 class differences and, 119–20 discipline and, 96–97 family impact on, 79 emotional security and, 115 government policies and, 248–51 neglect and, 111–12 parenting and, 83, 109–17, 129–30, 222, 248–51 poverty and, 116, 122 stages of, 109–10 toxic stress and, 111–14 childhood diabetes, 90–91 childhood obesity, 222–23, 222 child-parent relationships, time and, 126–28, 127 child poverty: in Bend, Oreg., 47–48, 48 brain development and, 116 costs of, 231–32 in Port Clinton, Ohio, 22, 23 child tax credit, 247 churches: Catholic, 84, 192, 193, 201, 254–55 as social networks, 4, 10, 89–90, 193, 201 City University of New York (CUNY), 84, 85 civic engagement, 235–36, 235, 265 Civil Rights movement, 81 Clara, 137, 139–48, 158–59, 164–65, 174, 209, 213, 229 class gap: in 1950s Port Clinton, 6–8 in 21st-century Port Clinton, 19–23 college and, 184–90, 187 consequences of, 77–79 disciplinary suspensions, 170–71, 171 education and, 137, 138, 160–73 extracurricular activities and, 176–78, 177 financial stress and, 130–32, 131 parenting and, 119–22, 120 politics and, 237–38 race and, 161–62 reasons for, 72–77 savvy and, 216 social networks and, 207–10, 208 social trust and, 219–20 in spending, 125–28, 126 Coalition for Community Schools, 254 cognitive skills, 109–11, 115–18, 122, 124–25, 128, 131, 162, 174, 273 cohabitation, 67–68 collective efficacy, 218–19, 221 college: class gap and, 184–90, 187 educational attainment in, 184–90, 189, 190 financing of, 59 parental encouragement and, 8 scholarships and, 8, 14, 17, 141 socioeconomic status and, 189–90 tracking and, 143, 173 Common School movement, 160 community, 191–226 affluence in, 193–98 government policies and, 258–60 mentor support and, 206, 213–17, 215 neighborhood support and, 217–23 poverty in, 198–206 religious support in, 197, 201–4, 223–26 vs. rugged individualism, 206, 261 safety nets in, 132, 206, 229, 246–47, 254, 258–59, 261, 264, 265 social networks and, 206–13 solutions for problems of, 258–60 youth resources in, 206–226 community colleges, 59, 157, 185, 256–58 community schools, 253 computers, 85, 125, 130, 147 brain compared to, 110 concerted cultivation, 101, 118 contingent reciprocity, 110 contraception, 62, 64–65, 73, 196, 245–46 crime: in neighborhoods, 102–3, 199–200 in schools, 153–54, 170 curriculum, 143, 153, 168 D dance classes, 139, 177, 178 Darlene, 54–58, 60, 64, 68, 73–74, 123, 128 David, 2, 26–33, 39, 43, 68, 78, 188, 216, 233, 237, 240, 256, 263, 273 day care: Head Start and, 250 parenting gap and, 128–30, 249 quality of, 248–49 Declaration of Independence, 241 depression, 60, 194 Desmond, 83–92, 118–19, 121, 123, 125, 128, 209, 272–73 Dewey, John, 253 diabetes, childhood, 90–91 Dick, 24, 92 Digital Divide, 211–36 disability payments, 60 discipline, 89, 96, 118–22 in schools, 171 Disneyland, 135, 141, 151, 162 divorce: in 1970s, 62 co-parenting and, 194 and family structure, 61–63, 67, 75, 78, 269 rates of, 21, 67 see also single-parent families domestic violence: child abuse, 93, 105, 106 emotional abuse, 106 physical abuse, 55, 102, 105, 111 spousal abuse, 55, 102 verbal abuse, 105 Don, 3–4, 5, 6, 8, 18, 30, 44, 213, 223, 274 Dr.


pages: 474 words: 136,787

The Red Queen: Sex and the Evolution of Human Nature by Matt Ridley

affirmative action, Alfred Russel Wallace, assortative mating, Atahualpa, Boeing 747, Bonfire of the Vanities, demographic transition, double helix, Drosophila, feminist movement, Gregor Mendel, invention of agriculture, language acquisition, Menlo Park, phenotype, rent control, the long tail, theory of mind, Tragedy of the Commons, twin studies, University of East Anglia, women in the workforce, zero-sum game

we ask of a model’s dull and unsuccessful husband, as if there must be some hidden clue to his worth that the rest of us have missed. ‘How did she manage to catch him?’ we ask of a high-flying man married to an ugly woman. The answer is that we each instinctively know our relative worth as surely as in Jane Austen’s day people knew their place in the class system. Bruce Ellis has a way of showing how we manage this ‘assortative mating’ pattern. He gives each of thirty students a numbered card that they stick on their foreheads: each can now see the other’s number, but nobody knows his or her own. He tells them to pair up with the highest number they can find. Immediately the person with thirty on her forehead is surrounded by a buzzing crowd: so she adjusts her expectations upwards and refuses to pair up with just anybody, settling eventually for somebody with a number in the high twenties.

., 1990, ‘Parasites and Mate Choice in Red Junglefowl’, American Zoologist, 30:235–44 Index Abortion, sex-selective, 117, 122 Aché people, 185, 220 Acheulian technology, 314 Adaptation and Natural Selection (Williams), 35 Adapted Mind, The (Barkow, Cosmides, and Tooby), 303 Adrenogenital syndrome, 247 Adultery, 170, 187, 195, 210–36 among birds, 213–16, 219 concealed ovulation and, 222–4 among hunter-gatherers, 220–21 inheritance patterns and, 230–35 jealousy and, 227–30 orgasm effect and, 216–19 polygamy and, 224–7 testicular size and, 211–14 violence and, 196–7 Aeschylus, 197 Affirmative action, 254–5 African Queen, The (film), 199 Aggression, 306–7 gender differences in, 242, 244 Agriculture, 187–8 AIDS, 68, 72, 73, 99, 175 Aka pygmies, 187 Akhenaten, 191, 273 Albatrosses, 177 Alexander, Richard, 319–20, 322 Alliance theory, 276 Altitude, 76–7 Altmann, Jeanne, 113 Altruism, 34–6, 74 reciprocal, 187, 189 Anaxagoras, 115 Anderson, Roy, 81 Antony and Cleopatra (Shakespeare), 10–11 Anthropology, 4, 266, 307, 308 Antibiotics, 68 Antibodies, 71, 72 Antigens, 72 Apes exogamy of, 182–3 gender differences in behavior of, 242 mating systems of, 170, 180–81, 205–9 violence among, 195–6 See also Chimpanzees; Gibbons; Gorillas; Orang-utans Aphids, 55, 57 Aquinas, Thomas, 6 Aristotle, 115 Arms race analogies, 65–8, 69 Artificial intelligence, 310 Artificial life, 66–7, 75 Assortative mating pattern, 296 Attractiveness, see Beauty Augustus, 193 Austad, Steven, 111 Austen, Jane, 296, 322 Australian aborigines, 186, 221 Australopithecus afarensis, 183, 300–301, 316–17 Automixis, 37 Aztecs, 191 Baboons, intelligence of, 324–6 Babylon, 191, 199 Bacteria, 63–4, 68, 69, 90–91 antibiotics and, 68 descendants of, 96 fusion and, 98–9, 99–100 male-killing genes in, 103 Badcock, Christopher, 331 Baker, Robin, 216–18 Baldwin, James Mark, 244 Baldwin effect, 312 Bamboo, 77–8 Bangladesh, 198 Barlow, Horace, 321 Basolo, Alexandra, 157 Bateman, A.


pages: 636 words: 140,406

The Case Against Education: Why the Education System Is a Waste of Time and Money by Bryan Caplan

affirmative action, Affordable Care Act / Obamacare, assortative mating, behavioural economics, conceptual framework, correlation does not imply causation, deliberate practice, deskilling, disruptive innovation, do what you love, driverless car, en.wikipedia.org, endogenous growth, experimental subject, fear of failure, Flynn Effect, future of work, George Akerlof, ghettoisation, hive mind, job satisfaction, Kenneth Arrow, Khan Academy, labor-force participation, longitudinal study, low interest rates, low skilled workers, market bubble, mass incarceration, meta-analysis, Peter Thiel, price discrimination, profit maximization, publication bias, risk tolerance, Robert Gordon, Ronald Coase, school choice, selection bias, Silicon Valley, statistical model, Steven Pinker, The Bell Curve by Richard Herrnstein and Charles Murray, the scientific method, The Wisdom of Crowds, trickle-down economics, twin studies, Tyler Cowen, unpaid internship, upwardly mobile, women in the workforce, yield curve, zero-sum game

Paternoster, Raymond, Shawn Bushway, Robert Brame, and Robert Apel. 2003. “The Effect of Teenage Employment on Delinquency and Problem Behaviors.” Social Forces 82 (1): 297–335. Pellizzari, Michele. 2010. “Do Friends and Relatives Really Help in Getting a Good Job?” Industrial and Labor Relations Review 63 (3): 494–510. Pencavel, John. 1998. “Assortative Mating by Schooling and the Work Behavior of Wives and Husbands.” American Economic Review 88 (2): 326–29. Pérez, Ruth, and Gerardo Loera. 2015. “Los Angeles Unified School District Reference Guide REF-4236.11.” Last modified June 22. http://notebook.lausd.net/pls/ptl/docs/page/ca_lausd/fldr_organizations/fldr_instructional_svcs/ref-4236.11.pdf.

Boston: Center for Labor Market Studies Publications. http://www.northeastern.edu/clms/wp-content/uploads/The_Consequences_of_Dropping_Out_of_High_School.pdf. Sweeney, Megan. 2002. “Two Decades of Family Change: The Shifting Economic Foundations of Marriage.” American Sociological Review 67 (1): 132–47. Sweeney, Megan, and Maria Cancian. 2004. “The Changing Importance of White Women’s Economic Prospects for Assortative Mating.” Journal of Marriage and Family 66 (4): 1015–28. Sweet, Donald. 1989. A Manager’s Guide to Conducting Terminations: Minimizing Emotional Stress and Legal Risks. New York: Lexington Books. Sweeten, Gary, Shawn Bushway, and Raymond Paternoster. 2009. “Does Dropping Out of School Mean Dropping into Delinquency?”


pages: 226 words: 58,341

The New Snobbery by David Skelton

assortative mating, banking crisis, Black Lives Matter, Boris Johnson, Brexit referendum, British Empire, call centre, centre right, collective bargaining, coronavirus, corporate governance, corporate social responsibility, COVID-19, critical race theory, David Brooks, defund the police, deindustrialization, Etonian, Extinction Rebellion, financial deregulation, gender pay gap, glass ceiling, housing crisis, income inequality, Jeremy Corbyn, job automation, knowledge economy, lockdown, low skilled workers, market fundamentalism, meritocracy, microaggression, new economy, Northern Rock, open borders, postindustrial economy, race to the bottom, rent-seeking, Richard Florida, Right to Buy, rising living standards, shareholder value, social distancing, Social Justice Warrior, TED Talk, TikTok, wealth creators, women in the workforce

As time goes on, educated people are more likely to associate only with other educated people, to live in the same parts of town as other graduates, to marry other educated people and to pass on their advantages to their children. In this way, university education and the social capital and respect it brings with it has become almost a birthright of the professional class. Academics call this process ‘assortative mating’ or ‘associative mating’, which, as cultural commentator David Brooks has pointed out, has meant that marriage announcements in major newspapers have started to look like law firm mergers. A number of studies have shown that recent decades have been marked by a decline in marriages across educational divides and that this might also have contributed to a rise in income inequality.


pages: 242 words: 68,019

Why Information Grows: The Evolution of Order, From Atoms to Economies by Cesar Hidalgo

Ada Lovelace, Albert Einstein, Arthur Eddington, assortative mating, business cycle, Claude Shannon: information theory, David Ricardo: comparative advantage, Douglas Hofstadter, Everything should be made as simple as possible, Ford Model T, frictionless, frictionless market, George Akerlof, Gödel, Escher, Bach, income inequality, income per capita, industrial cluster, information asymmetry, invention of the telegraph, invisible hand, Isaac Newton, James Watt: steam engine, Jane Jacobs, job satisfaction, John von Neumann, Joi Ito, New Economic Geography, Norbert Wiener, p-value, Paul Samuelson, phenotype, price mechanism, Richard Florida, Robert Solow, Ronald Coase, Rubik’s Cube, seminal paper, Silicon Valley, Simon Kuznets, Skype, statistical model, Steve Jobs, Steve Wozniak, Steven Pinker, Stuart Kauffman, tacit knowledge, The Market for Lemons, The Nature of the Firm, The Wealth of Nations by Adam Smith, total factor productivity, transaction costs, working-age population

,” American Political Science Review 99, no. 2 (2005): 153–167; Carolyn L. Funk et al., “Genetic and Environmental Transmission of Political Orientations,” Political Psychology 34, no. 6 (2013): 805–819; Christian Kandler, Wiebke Bleidorn, and Rainer Riemann, “Left or Right? Sources of Political Orientation: The Roles of Genetic Factors, Cultural Transmission, Assortative Mating, and Personality,” Journal of Personality and Social Psychology 102, no. 3 (2012): 633. For papers focusing on genetics and political participation, see James H. Fowler, Laura A. Baker, and Christopher T. Dawes, “Genetic Variation in Political Participation,” American Political Science Review 102, no. 2 (2008): 233–248; James H.


pages: 246 words: 70,404

Come and Take It: The Gun Printer's Guide to Thinking Free by Cody Wilson

3D printing, 4chan, Aaron Swartz, active measures, Airbnb, airport security, Any sufficiently advanced technology is indistinguishable from magic, assortative mating, bitcoin, Chelsea Manning, Cody Wilson, digital rights, disintermediation, DIY culture, Evgeny Morozov, fiat currency, Google Glasses, gun show loophole, jimmy wales, lifelogging, Mason jar, means of production, Menlo Park, Minecraft, national security letter, New Urbanism, peer-to-peer, Peter Thiel, printed gun, Richard Stallman, ride hailing / ride sharing, Skype, Streisand effect, thinkpad, WikiLeaks, working poor

“There’s this insistence on mocking the religious for not thinking of humans as evolved animals,” he told me, “but then this denial that any of the lessons of evolutionary neurobiology might apply to our observed differences.” He approached political problems pragmatically. Like Lenin, he knew politics simply meant who does what to whom. “As long as you understand the formula, you can achieve the right result.” He compared the USG to Whitman’s multitude, and taught me the virtues of assortative mating. “Take me, for example. I’ll be marrying a Chinese woman with an IQ of one seventy.” When I pointed out to Varol that his strategy might lead to social segregation, he didn’t disagree. He was about triangulating, understanding the big picture, and finding an exit. “Journalists and dot gov have this odd standoff.


pages: 204 words: 67,922

Elsewhere, U.S.A: How We Got From the Company Man, Family Dinners, and the Affluent Society to the Home Office, BlackBerry Moms,and Economic Anxiety by Dalton Conley

Alan Greenspan, assortative mating, call centre, clean water, commoditize, company town, dematerialisation, demographic transition, Edward Glaeser, extreme commuting, feminist movement, financial independence, Firefox, Frank Levy and Richard Murnane: The New Division of Labor, Home mortgage interest deduction, income inequality, informal economy, insecure affluence, It's morning again in America, Jane Jacobs, Joan Didion, John Maynard Keynes: Economic Possibilities for our Grandchildren, knowledge economy, knowledge worker, labor-force participation, late capitalism, low interest rates, low skilled workers, manufacturing employment, mass immigration, McMansion, Michael Shellenberger, mortgage tax deduction, new economy, off grid, oil shock, PageRank, Paradox of Choice, Ponzi scheme, positional goods, post-industrial society, post-materialism, principal–agent problem, recommendation engine, Richard Florida, rolodex, Ronald Reagan, Silicon Valley, Skype, statistical model, Ted Nordhaus, The Death and Life of Great American Cities, The Great Moderation, the long tail, the strength of weak ties, The Wealth of Nations by Adam Smith, Thomas Malthus, Thorstein Veblen, Tragedy of the Commons, transaction costs, women in the workforce, Yom Kippur War

Instead of waiting on their own husband and kids, many women without college degrees wait on your kids. (Waitressing is, in fact, the number one profession for women without a college education.)40 This story of women’s rising labor force participation has the potential to increase economic inequality when it combines with what demographers call assortative mating—otherwise known as like-marrying-like. That is, since 1967, the demographer Christine Schwartz demonstrates that among two-earner couples, the similarity in their wages has risen by about threefold. In other words, whereas women used to look for good earners to marry, now men do so, too. What’s more, in the 1960s, when a husband earned more money, it usually meant that his wife didn’t have to work (or was less likely to).


pages: 224 words: 71,060

A Time to Build: From Family and Community to Congress and the Campus, How Recommitting to Our Institutions Can Revive the American Dream by Yuval Levin

affirmative action, Airbnb, assortative mating, barriers to entry, Bernie Sanders, conceptual framework, David Brooks, demand response, Donald Trump, fake news, hiring and firing, independent contractor, Jane Jacobs, Mark Zuckerberg, Menlo Park, meritocracy, Silicon Valley, Snapchat, Steven Pinker, The Death and Life of Great American Cities, the scientific method, WeWork

And a merit-based system cannot avoid the simple and unchangeable fact that an elite is inherently narrow and exclusive. In fact, our meritocracy has not even been able to avoid the tendency of elites to become outright aristocracies—that is, to transmit privilege generationally. Thanks to both assortative mating and the powerful incentives to game the tests that grant entry into the American elite, children whose parents are in the upper echelons of our society have a very strong (and growing) chance of finding themselves in those upper echelons as adults. Moving from the WASP near-aristocracy to our meritocracy vastly enlarged the pool of potential elites in America in the middle of the last century.


One Billion Americans: The Case for Thinking Bigger by Matthew Yglesias

Affordable Care Act / Obamacare, airport security, assortative mating, Big Tech, Boeing 737 MAX, Boris Johnson, British Empire, business logic, carbon footprint, carbon tax, classic study, collective bargaining, Colonization of Mars, congestion charging, congestion pricing, coronavirus, COVID-19, cross-subsidies, deindustrialization, demographic transition, Diane Coyle, Donald Trump, drive until you qualify, Edward Glaeser, Elon Musk, gentrification, global pandemic, Greta Thunberg, high-speed rail, housing crisis, illegal immigration, immigration reform, income inequality, Induced demand, industrial cluster, Kowloon Walled City, low interest rates, mandatory minimum, mass immigration, Mercator projection, minimum wage unemployment, moral panic, New Urbanism, open borders, open immigration, plutocrats, purchasing power parity, race to the bottom, secular stagnation, selective serotonin reuptake inhibitor (SSRI), self-driving car, Silicon Valley, social distancing, superstar cities, tech worker, the built environment, Thomas Malthus, transit-oriented development, white flight, working-age population, Yogi Berra

A place full of educated professionals is, by definition, a place that has many different places where white-collar professionals work. So if that new job in Austin doesn’t work out or if candidates simply want the flexibility to make career moves during the years to come, there are probably more other opportunities there than in Toledo. Many people have spouses. These days there’s a phenomenon called assortative mating, which occurs when people choose partners similar to themselves—for example, college graduates tend to marry other college graduates. Given that, it’s much easier for you to seize a new white-collar professional job opportunity if it’s in a city where your spouse is likely to be able to find his own white-collar professional job opportunity.


pages: 300 words: 76,638

The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future by Andrew Yang

3D printing, Airbnb, assortative mating, augmented reality, autonomous vehicles, basic income, Bear Stearns, behavioural economics, Ben Horowitz, Bernie Sanders, call centre, corporate governance, cryptocurrency, data science, David Brooks, DeepMind, Donald Trump, Elon Musk, falling living standards, financial deregulation, financial engineering, full employment, future of work, global reserve currency, income inequality, Internet of things, invisible hand, Jeff Bezos, job automation, John Maynard Keynes: technological unemployment, Khan Academy, labor-force participation, longitudinal study, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, megacity, meritocracy, Narrative Science, new economy, passive income, performance metric, post-work, quantitative easing, reserve currency, Richard Florida, ride hailing / ride sharing, risk tolerance, robo advisor, Ronald Reagan, Rutger Bregman, Sam Altman, San Francisco homelessness, self-driving car, shareholder value, Silicon Valley, Simon Kuznets, single-payer health, Stephen Hawking, Steve Ballmer, supercomputer in your pocket, tech worker, technoutopianism, telemarketer, The future is already here, The Wealth of Nations by Adam Smith, traumatic brain injury, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, unemployed young men, universal basic income, urban renewal, warehouse robotics, white flight, winner-take-all economy, Y Combinator

When I was growing up, there was something of an inverse relationship between being smart and being good-looking. The smart kids were bookish and awkward and the social kids were attractive and popular. Rarely were the two sets of qualities found together in the same people. The nerd camps I went to looked the part. Today, thanks to assortative mating in a handful of cities, intellect, attractiveness, education, and wealth are all converging in the same families and neighborhoods. I look at my friends’ children, and many of them resemble unicorns: brilliant, beautiful, socially precocious creatures who have gotten the best of all possible resources since the day they were born.


pages: 786 words: 195,810

NeuroTribes: The Legacy of Autism and the Future of Neurodiversity by Steve Silberman

Albert Einstein, animal electricity, Apollo 11, Asperger Syndrome, assortative mating, autism spectrum disorder, Bletchley Park, crowdsourcing, Douglas Engelbart, en.wikipedia.org, epigenetics, experimental subject, Golden Gate Park, Haight Ashbury, hydroponic farming, hypertext link, IBM and the Holocaust, index card, Isaac Newton, John Markoff, Kickstarter, language acquisition, Larry Wall, megacity, meta-analysis, Mother of all demos, Neil Armstrong, neurotypical, New Journalism, pattern recognition, placebo effect, scientific mainstream, side project, Silicon Valley, Simon Singh, Skype, slashdot, Stephen Hawking, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, sugar pill, the scientific method, twin studies, Tyler Cowen, union organizing, Whole Earth Catalog, women in the workforce, Yom Kippur War

Temple Grandin observed in Thinking in Pictures, “Marriages work out best when two people with autism marry or when a person marries a handicapped or eccentric spouse . . . They are attracted because their intellects work on a similar wavelength.” Attraction between people with similar genetic traits is called assortative mating. In 1997, cognitive psychologist Simon Baron-Cohen found that the fathers and grandfathers of children with autism were more likely to be engineers. Could assortative mating between men and women carrying the genes for autism be responsible for the rising number of diagnoses in the Valley? My story exploring that hypothesis, “The Geek Syndrome,” was published in the December issue of Wired in 2001.


pages: 312 words: 83,998

Testosterone Rex: Myths of Sex, Science, and Society by Cordelia Fine

"World Economic Forum" Davos, assortative mating, behavioural economics, Cass Sunstein, classic study, confounding variable, credit crunch, Donald Trump, Downton Abbey, Drosophila, epigenetics, experimental economics, gender pay gap, George Akerlof, glass ceiling, helicopter parent, Jeremy Corbyn, longitudinal study, meta-analysis, phenotype, publication bias, risk tolerance, seminal paper

Wood & Eagly (2013), ibid. Quoted on p. 245, references removed. See Sweeney, M. M. (2002). Two decades of family change: The shifting economic foundations of marriage. American Sociological Review, 67(1), 132–147; Sweeney, M. M., & Cancian, M. (2004). The changing importance of white women’s economic prospects for assortative mating. Journal of Marriage and Family, 66(4), 1015–1028. 39. Buston, P. M., & Emlen, S. T. (2003). Cognitive processes underlying human mate choice: The relationship between self-perception and mate preference in Western society. Proceedings of the National Academy of Sciences, 100(15), 8805–8810. 40.


pages: 285 words: 83,682

The Lies That Bind: Rethinking Identity by Kwame Anthony Appiah

affirmative action, assortative mating, Boris Johnson, British Empire, classic study, Donald Trump, Downton Abbey, European colonialism, Ferguson, Missouri, four colour theorem, full employment, Great Leap Forward, Gregor Mendel, illegal immigration, Isaac Newton, longitudinal study, luminiferous ether, Mahatma Gandhi, mass immigration, means of production, meritocracy, Parler "social media", precariat, Scramble for Africa, selection bias, Suez canal 1869, transatlantic slave trade, W. E. B. Du Bois, zero-sum game

In a footnote attached to the first use of this word, Young’s sociologist of the future writes: “The origin of this unpleasant term, like that of ‘equality of opportunity,’ is still obscure. It seems to have been first generally used in the sixties of the last century in small-circulation journals attached to the Labour Party, and gained wide currency much later on.” 43.Ibid., 85–86. Young’s mention of intraelite intermarriage has support from recent economic research into assortative mating. See, e.g., Gustaf Bruze, “Male and Female Marriage Returns to Schooling,” International Economic Review (January 23, 2015), which finds that in Denmark, half the financial rewards of college come from the opportunity to marry a spouse with a higher income; and John Mare, “Educational Homogamy in Two Gilded Ages: Evidence from Intergenerational Social Mobility Data,” Annals of the American Academy of Political and Social Science 663 (January 2016). 44.Barry E.


pages: 327 words: 88,121

The Vanishing Neighbor: The Transformation of American Community by Marc J. Dunkelman

Abraham Maslow, adjacent possible, Affordable Care Act / Obamacare, Albert Einstein, assortative mating, Berlin Wall, big-box store, blue-collar work, Bretton Woods, Broken windows theory, business cycle, call centre, clean water, company town, cuban missile crisis, dark matter, David Brooks, delayed gratification, different worldview, double helix, Downton Abbey, Dunbar number, Edward Jenner, Fall of the Berlin Wall, Filter Bubble, Francis Fukuyama: the end of history, gentrification, George Santayana, Gini coefficient, glass ceiling, global supply chain, global village, helicopter parent, if you build it, they will come, impulse control, income inequality, invention of movable type, Jane Jacobs, Khyber Pass, Lewis Mumford, Louis Pasteur, Marshall McLuhan, McMansion, Nate Silver, obamacare, Occupy movement, off-the-grid, Peter Thiel, post-industrial society, Richard Florida, rolodex, Saturday Night Live, Silicon Valley, Skype, social intelligence, Stanford marshmallow experiment, Steve Jobs, TED Talk, telemarketer, The Chicago School, The Death and Life of Great American Cities, the medium is the message, the strength of weak ties, Tyler Cowen, Tyler Cowen: Great Stagnation, urban decay, urban planning, Walter Mischel, War on Poverty, women in the workforce, World Values Survey, zero-sum game

American Review of Sociology 35 (2009): 445. 14“Trends in American Values: 1987–2012: Partisan Polarization Surges in Bush, Obama Years,” Pew Research Center for the People and the Press, June 4, 2012, 72–74. 15“Changing Views of Gay Marriage: A Deeper Analysis,” Pew Research Center for People and the Press, May 23, 2012, http://www.people-press.org/2012/05/23/changing-views-of-gay-marriage-a-deeper-analysis/. 16“Inspire Hope Change,” pamphlet published by the It Gets Better Project, accessed December 12, 2013. 17Robert D. Mare, “Five Decades of Educational Assortative Mating,” American Sociological Review 56, no. 1 (1991): 15–32, in Christine R. Schwartz and Robert D. Mare, “Trends in Educational Assortative Marriage from 1940 to 2003,” California Center for Population Research, July 2005, 4. 18Schwartz and Mare, “Trends in Educational Assortative Marriage From 1940 to 2003,” 20, 23–24. 19Theda Skocpol, Diminished Democracy: From Membership to Management in American Civic Life (Norman: University of Oklahoma Press, 2003), 163–71. 20Skocpol, Diminished Democracy, 158. 21Robert D.


pages: 372 words: 92,477

The Fourth Revolution: The Global Race to Reinvent the State by John Micklethwait, Adrian Wooldridge

"World Economic Forum" Davos, Admiral Zheng, affirmative action, Affordable Care Act / Obamacare, Asian financial crisis, assortative mating, banking crisis, barriers to entry, battle of ideas, Berlin Wall, Bernie Madoff, bike sharing, Boris Johnson, Bretton Woods, British Empire, cashless society, central bank independence, Chelsea Manning, circulation of elites, classic study, Clayton Christensen, Corn Laws, corporate governance, credit crunch, crony capitalism, Deng Xiaoping, Detroit bankruptcy, disintermediation, Disneyland with the Death Penalty, driverless car, Edward Snowden, Etonian, failed state, Francis Fukuyama: the end of history, full employment, Gunnar Myrdal, income inequality, James Carville said: "I would like to be reincarnated as the bond market. You can intimidate everybody.", junk bonds, Khan Academy, Kickstarter, knowledge economy, Kodak vs Instagram, labor-force participation, laissez-faire capitalism, land reform, Les Trente Glorieuses, liberal capitalism, Martin Wolf, means of production, Michael Milken, minimum wage unemployment, mittelstand, mobile money, Mont Pelerin Society, Nelson Mandela, night-watchman state, Norman Macrae, obamacare, oil shale / tar sands, old age dependency ratio, open economy, Parag Khanna, Peace of Westphalia, pension reform, pensions crisis, personalized medicine, Peter Thiel, plutocrats, popular capitalism, profit maximization, public intellectual, rent control, rent-seeking, ride hailing / ride sharing, road to serfdom, Ronald Coase, Ronald Reagan, school choice, school vouchers, Shenzhen special economic zone , Silicon Valley, Skype, special economic zone, TED Talk, the long tail, three-martini lunch, too big to fail, total factor productivity, vertical integration, War on Poverty, Washington Consensus, Winter of Discontent, working-age population, zero-sum game

San Francisco is probably the most left-wing enclave in the country while the Central Valley is one of the most right-wing. A third of the U.S. Navy’s Pacific Fleet is based in San Diego while San Francisco’s residents have voted to prevent military recruiters from setting up shop in high schools. And this political version of “assortative mating” has been reinforced by gerrymandering, which produces a modern version of eighteenth-century rotten boroughs. The result is that politicians can get their party’s votes only if they appeal to the extremes. The hedonistic Arnold Schwarzenegger became governor only because a recall petition allowed him to bypass the Republican primary process.


pages: 323 words: 90,868

The Wealth of Humans: Work, Power, and Status in the Twenty-First Century by Ryan Avent

3D printing, Airbnb, American energy revolution, assortative mating, autonomous vehicles, Bakken shale, barriers to entry, basic income, Bernie Sanders, Big Tech, BRICs, business cycle, call centre, Capital in the Twenty-First Century by Thomas Piketty, Clayton Christensen, cloud computing, collective bargaining, computer age, creative destruction, currency risk, dark matter, David Ricardo: comparative advantage, deindustrialization, dematerialisation, Deng Xiaoping, deskilling, disruptive innovation, Dissolution of the Soviet Union, Donald Trump, Downton Abbey, driverless car, Edward Glaeser, Erik Brynjolfsson, eurozone crisis, everywhere but in the productivity statistics, falling living standards, financial engineering, first square of the chessboard, first square of the chessboard / second half of the chessboard, Ford paid five dollars a day, Francis Fukuyama: the end of history, future of work, general purpose technology, gig economy, global supply chain, global value chain, heat death of the universe, hydraulic fracturing, income inequality, independent contractor, indoor plumbing, industrial robot, intangible asset, interchangeable parts, Internet of things, inventory management, invisible hand, James Watt: steam engine, Jeff Bezos, Jeremy Corbyn, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph-Marie Jacquard, knowledge economy, low interest rates, low skilled workers, lump of labour, Lyft, machine translation, manufacturing employment, Marc Andreessen, mass immigration, means of production, new economy, performance metric, pets.com, post-work, price mechanism, quantitative easing, Ray Kurzweil, rent-seeking, reshoring, rising living standards, Robert Gordon, Robert Solow, Ronald Coase, savings glut, Second Machine Age, secular stagnation, self-driving car, sharing economy, Silicon Valley, single-payer health, software is eating the world, supply-chain management, supply-chain management software, tacit knowledge, TaskRabbit, tech billionaire, The Future of Employment, The Nature of the Firm, The Rise and Fall of American Growth, The Spirit Level, The Wealth of Nations by Adam Smith, trade liberalization, transaction costs, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, Uber for X, uber lyft, very high income, warehouse robotics, working-age population

These rich friends gather for after-work drinks, enjoy dinner parties or holidays together, chat while waiting together to pick up kids after school or on the sidelines at their children’s football match, and generally interact in friendly ways. Networks of the current and aspiring 1 percenters have become richer and more important over the last generation as a result of the rise in assortative mating: skilled, well-paid men are more likely to marry skilled, well-paid women than was once the case. High-powered couples befriend other high-powered couples and hang out in high-powered groups. This sounds sterile and pernicious. It generally isn’t. For the most part, these are people making their way in the world, befriending and coupling with others that they find interesting or funny or nice to be around, and watching friends and neighbours for cues on how to behave: how to structure a social life, how to get one’s children into good schools, how to live the ‘good life’.


pages: 292 words: 94,660

The Loop: How Technology Is Creating a World Without Choices and How to Fight Back by Jacob Ward

2021 United States Capitol attack, 4chan, Abraham Wald, AI winter, Albert Einstein, Albert Michelson, Amazon Mechanical Turk, assortative mating, autonomous vehicles, availability heuristic, barriers to entry, Bayesian statistics, Benoit Mandelbrot, Big Tech, bitcoin, Black Lives Matter, Black Swan, blockchain, Broken windows theory, call centre, Cass Sunstein, cloud computing, contact tracing, coronavirus, COVID-19, crowdsourcing, cuban missile crisis, Daniel Kahneman / Amos Tversky, dark matter, data science, deep learning, Donald Trump, drone strike, endowment effect, George Akerlof, George Floyd, hindsight bias, invisible hand, Isaac Newton, Jeffrey Epstein, license plate recognition, lockdown, longitudinal study, Lyft, mandelbrot fractal, Mark Zuckerberg, meta-analysis, natural language processing, non-fungible token, nudge unit, OpenAI, opioid epidemic / opioid crisis, pattern recognition, QAnon, RAND corporation, Richard Thaler, Robert Shiller, selection bias, self-driving car, seminal paper, shareholder value, smart cities, social contagion, social distancing, Steven Levy, survivorship bias, TikTok, Turing test

The ability to plan an environment that will keep my great-grandchildren alive and happy enough to reproduce with the great-grandchildren of my colleagues is an entirely separate matter. Think of the logistics: How will we create new clothes a thousand years after the first boxes of cloth have collapsed and moldered away? Think of nutrition: What crop lasts even 100 years, much less 100,000 years? And relationships: Will assortative mating, the natural tendency to band together with people that most resemble us, continue onboard, cutting into the genetic diversity of offspring and wiping out that bloodline after a few succeeding generations? (Speaking of factions, I have half a screenplay written about the tribal nightmare that such a ship might become.


pages: 328 words: 96,678

MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them by Nouriel Roubini

"World Economic Forum" Davos, 2021 United States Capitol attack, 3D printing, 9 dash line, AI winter, AlphaGo, artificial general intelligence, asset allocation, assortative mating, autonomous vehicles, bank run, banking crisis, basic income, Bear Stearns, Big Tech, bitcoin, Bletchley Park, blockchain, Boston Dynamics, Bretton Woods, British Empire, business cycle, business process, call centre, carbon tax, Carmen Reinhart, cashless society, central bank independence, collateralized debt obligation, Computing Machinery and Intelligence, coronavirus, COVID-19, creative destruction, credit crunch, crony capitalism, cryptocurrency, currency manipulation / currency intervention, currency peg, data is the new oil, David Ricardo: comparative advantage, debt deflation, decarbonisation, deep learning, DeepMind, deglobalization, Demis Hassabis, democratizing finance, Deng Xiaoping, disintermediation, Dogecoin, Donald Trump, Elon Musk, en.wikipedia.org, energy security, energy transition, Erik Brynjolfsson, Ethereum, ethereum blockchain, eurozone crisis, failed state, fake news, family office, fiat currency, financial deregulation, financial innovation, financial repression, fixed income, floating exchange rates, forward guidance, Fractional reserve banking, Francis Fukuyama: the end of history, full employment, future of work, game design, geopolitical risk, George Santayana, Gini coefficient, global pandemic, global reserve currency, global supply chain, GPS: selective availability, green transition, Greensill Capital, Greenspan put, Herbert Marcuse, high-speed rail, Hyman Minsky, income inequality, inflation targeting, initial coin offering, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invention of movable type, Isaac Newton, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, junk bonds, Kenneth Rogoff, knowledge worker, Long Term Capital Management, low interest rates, low skilled workers, low-wage service sector, M-Pesa, margin call, market bubble, Martin Wolf, mass immigration, means of production, meme stock, Michael Milken, middle-income trap, Mikhail Gorbachev, Minsky moment, Modern Monetary Theory, money market fund, money: store of value / unit of account / medium of exchange, moral hazard, mortgage debt, Mustafa Suleyman, Nash equilibrium, natural language processing, negative equity, Nick Bostrom, non-fungible token, non-tariff barriers, ocean acidification, oil shale / tar sands, oil shock, paradox of thrift, pets.com, Phillips curve, planetary scale, Ponzi scheme, precariat, price mechanism, price stability, public intellectual, purchasing power parity, quantitative easing, race to the bottom, Ralph Waldo Emerson, ransomware, Ray Kurzweil, regulatory arbitrage, reserve currency, reshoring, Robert Shiller, Ronald Reagan, Salesforce, Satoshi Nakamoto, Savings and loan crisis, Second Machine Age, short selling, Silicon Valley, smart contracts, South China Sea, sovereign wealth fund, Stephen Hawking, TED Talk, The Great Moderation, the payments system, Thomas L Friedman, TikTok, too big to fail, Turing test, universal basic income, War on Poverty, warehouse robotics, Washington Consensus, Watson beat the top human players on Jeopardy!, working-age population, Yogi Berra, Yom Kippur War, zero-sum game, zoonotic diseases

Weitzman, “Climate Shock: The Economic Consequences of a Hotter Planet,” (Princeton, NJ, Princeton University Press, 2015) Kindle edition location 901, p. 56. Chapter Eleven 1. “Global Trends 2040: A More Contested World,” A Publication of the National Intelligence Council, March 2021, https://www.dni.gov/files/ODNI/documents/assessments/GlobalTrends_2040.pdf. 2. Ursula Henz and Colin Mills, “Social Class Origin and Assortive Mating in Britain, 1949-2010,” British Sociological Association 52, no. 6 (September 12, 2017), https://journals.sagepub.com/doi/10.1177/0038038517726479#:~:text=Assortative%20mating%20is%20the%20tendency,level%20aspect%20of%20social%20inequality. 3. Walter Scheidel, The Great Leveler (Princeton, NJ: Princeton University Press, 2017), https://books.google.com/books/about/The_Great_Leveler.html?


pages: 375 words: 102,166

The Genetic Lottery: Why DNA Matters for Social Equality by Kathryn Paige Harden

23andMe, Affordable Care Act / Obamacare, assortative mating, autism spectrum disorder, Bayesian statistics, Berlin Wall, Black Lives Matter, classic study, clean water, combinatorial explosion, coronavirus, correlation coefficient, correlation does not imply causation, COVID-19, CRISPR, crowdsourcing, delayed gratification, deliberate practice, desegregation, double helix, epigenetics, game design, George Floyd, Gregor Mendel, impulse control, income inequality, Jeff Bezos, longitudinal study, low skilled workers, Mark Zuckerberg, meritocracy, meta-analysis, Monkeys Reject Unequal Pay, phenotype, randomized controlled trial, replication crisis, Scientific racism, stochastic process, surveillance capitalism, TED Talk, The Bell Curve by Richard Herrnstein and Charles Murray, twin studies, War on Poverty, zero-sum game

DataSetCode=EAG_EARNINGS. 15. James J. Heckman and Paul A. LaFontaine, “The American High School Graduation Rate: Trends and Levels,” The Review of Economics and Statistics 92, no. 2 (May 2010): 244–62, https://doi.org/10.1162/rest.2010.12366. 16. Jeremy Greenwood et al., “Marry Your Like: Assortative Mating and Income Inequality,” American Economic Review 104, no. 5 (May 2014): 348–53, https://doi.org/10.1257/aer.104.5.348. 17. “Dramatic Increase in the Proportion of Births Outside of Marriage in the United States from 1990 to 2016,” Child Trends (blog), accessed November 5, 2019, https://www.childtrends.org/publications/dramatic-increase-in-percentage-of-births-outside-marriage-among-whites-hispanics-and-women-with-higher-education-levels; T.J.


pages: 484 words: 104,873

Rise of the Robots: Technology and the Threat of a Jobless Future by Martin Ford

3D printing, additive manufacturing, Affordable Care Act / Obamacare, AI winter, algorithmic management, algorithmic trading, Amazon Mechanical Turk, artificial general intelligence, assortative mating, autonomous vehicles, banking crisis, basic income, Baxter: Rethink Robotics, Bernie Madoff, Bill Joy: nanobots, bond market vigilante , business cycle, call centre, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Charles Babbage, Chris Urmson, Clayton Christensen, clean water, cloud computing, collateralized debt obligation, commoditize, computer age, creative destruction, data science, debt deflation, deep learning, deskilling, digital divide, disruptive innovation, diversified portfolio, driverless car, Erik Brynjolfsson, factory automation, financial innovation, Flash crash, Ford Model T, Fractional reserve banking, Freestyle chess, full employment, general purpose technology, Geoffrey Hinton, Goldman Sachs: Vampire Squid, Gunnar Myrdal, High speed trading, income inequality, indoor plumbing, industrial robot, informal economy, iterative process, Jaron Lanier, job automation, John Markoff, John Maynard Keynes: technological unemployment, John von Neumann, Kenneth Arrow, Khan Academy, Kiva Systems, knowledge worker, labor-force participation, large language model, liquidity trap, low interest rates, low skilled workers, low-wage service sector, Lyft, machine readable, machine translation, manufacturing employment, Marc Andreessen, McJob, moral hazard, Narrative Science, Network effects, new economy, Nicholas Carr, Norbert Wiener, obamacare, optical character recognition, passive income, Paul Samuelson, performance metric, Peter Thiel, plutocrats, post scarcity, precision agriculture, price mechanism, public intellectual, Ray Kurzweil, rent control, rent-seeking, reshoring, RFID, Richard Feynman, Robert Solow, Rodney Brooks, Salesforce, Sam Peltzman, secular stagnation, self-driving car, Silicon Valley, Silicon Valley billionaire, Silicon Valley startup, single-payer health, software is eating the world, sovereign wealth fund, speech recognition, Spread Networks laid a new fibre optics cable between New York and Chicago, stealth mode startup, stem cell, Stephen Hawking, Steve Jobs, Steven Levy, Steven Pinker, strong AI, Stuxnet, technological singularity, telepresence, telepresence robot, The Bell Curve by Richard Herrnstein and Charles Murray, The Coming Technological Singularity, The Future of Employment, the long tail, Thomas L Friedman, too big to fail, Tragedy of the Commons, Tyler Cowen, Tyler Cowen: Great Stagnation, uber lyft, union organizing, Vernor Vinge, very high income, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, women in the workforce

The risk is further increased by the fact that many of these top-tier households are probably more financially fragile than their incomes might suggest. These consumers tend to be concentrated in high-cost urban areas and, in many cases, probably do not feel especially wealthy. Large numbers of them have climbed into the top 5 percent through assortative mating: they have partnered with another high-earning college graduate. However, housing and education costs are often so high for these families that the loss of either job puts the household at substantial risk. In other words, in a two-income household the likelihood that sudden unemployment will lead to a substantial cut in spending is effectively doubled.


pages: 358 words: 106,729

Fault Lines: How Hidden Fractures Still Threaten the World Economy by Raghuram Rajan

"World Economic Forum" Davos, accounting loophole / creative accounting, Alan Greenspan, Andrei Shleifer, Asian financial crisis, asset-backed security, assortative mating, bank run, barriers to entry, Bear Stearns, behavioural economics, Bernie Madoff, Bretton Woods, business climate, business cycle, carbon tax, Clayton Christensen, clean water, collapse of Lehman Brothers, collateralized debt obligation, colonial rule, corporate governance, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, currency manipulation / currency intervention, currency risk, diversification, Edward Glaeser, financial innovation, fixed income, floating exchange rates, full employment, Glass-Steagall Act, global supply chain, Goldman Sachs: Vampire Squid, Greenspan put, illegal immigration, implied volatility, income inequality, index fund, interest rate swap, Joseph Schumpeter, Kaizen: continuous improvement, Kenneth Rogoff, knowledge worker, labor-force participation, Long Term Capital Management, longitudinal study, low interest rates, machine readable, market bubble, Martin Wolf, medical malpractice, microcredit, money market fund, moral hazard, new economy, Northern Rock, offshore financial centre, open economy, Phillips curve, price stability, profit motive, proprietary trading, Real Time Gross Settlement, Richard Florida, Richard Thaler, risk tolerance, Robert Shiller, Ronald Reagan, Savings and loan crisis, school vouchers, seminal paper, short selling, sovereign wealth fund, tail risk, The Great Moderation, the payments system, The Wealth of Nations by Adam Smith, too big to fail, upwardly mobile, Vanguard fund, women in the workforce, World Values Survey

A relatively stagnant minimum wage has certainly allowed the lowest real wages to fall (thereby also ensuring that some people who would otherwise be unemployed do have a job), though only a small percentage of American workers are paid the minimum wage. Finally, the entry of women into the workforce has also affected inequality. Because the well-connected and the highly educated tend to mate more often with each other, “assortative” mating has also helped increase household income inequality. The reasons for growing income inequality are, undoubtedly, a matter of heated debate. To my mind, the evidence is most persuasive that the growing inequality I think the most worrisome, the increasing 90/10 differential, stems primarily from the gap between the demand for the highly educated and their supply.


pages: 397 words: 121,211

Coming Apart: The State of White America, 1960-2010 by Charles Murray

affirmative action, assortative mating, blue-collar work, classic study, Community Supported Agriculture, corporate governance, David Brooks, en.wikipedia.org, feminist movement, gentrification, George Gilder, Haight Ashbury, happiness index / gross national happiness, helicopter parent, illegal immigration, income inequality, job satisfaction, labor-force participation, longitudinal study, low skilled workers, Menlo Park, new economy, public intellectual, Ralph Nader, Richard Florida, Silicon Valley, sparse data, Steve Jobs, The Bell Curve by Richard Herrnstein and Charles Murray, Tipper Gore, Unsafe at Any Speed, War on Poverty, working-age population, young professional

Religion, disability, depression, and the timing of death. American Journal of Sociology 97 (4):1052–79. Jensen, Arthur R. 1998. The g Factor: The Science of Mental Ability. Westport, CT: Praeger. Kalmijn, Matthijs. 1998. Intermarriage and homogamy: Causes, patterns, trends. Annual Review of Sociology 24:395–421. ———. 1994. Assortative mating by cultural and economic occupational status. American Journal of Sociology 100:422–52. Karlgaard, Richard. 2005. Talent wars. Forbes, October 31. Koenig, Harold G., Michael E. McCullough, and David B. Larson. 2001. Handbook of Religion and Health. New York: Oxford University Press. Korenman, Sanders, and David Neumark. 1991.


pages: 481 words: 120,693

Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else by Chrystia Freeland

"World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Alan Greenspan, Albert Einstein, algorithmic trading, assortative mating, banking crisis, barriers to entry, Basel III, battle of ideas, Bear Stearns, behavioural economics, Bernie Madoff, Big bang: deregulation of the City of London, Black Monday: stock market crash in 1987, Black Swan, Boris Johnson, Branko Milanovic, Bretton Woods, BRICs, Bullingdon Club, business climate, call centre, carried interest, Cass Sunstein, Clayton Christensen, collapse of Lehman Brothers, commoditize, conceptual framework, corporate governance, creative destruction, credit crunch, Credit Default Swap, crony capitalism, Deng Xiaoping, disruptive innovation, don't be evil, double helix, energy security, estate planning, experimental subject, financial deregulation, financial engineering, financial innovation, Flash crash, Ford Model T, Frank Gehry, Gini coefficient, Glass-Steagall Act, global village, Goldman Sachs: Vampire Squid, Gordon Gekko, Guggenheim Bilbao, haute couture, high net worth, income inequality, invention of the steam engine, job automation, John Markoff, joint-stock company, Joseph Schumpeter, knowledge economy, knowledge worker, liberation theology, light touch regulation, linear programming, London Whale, low skilled workers, manufacturing employment, Mark Zuckerberg, Martin Wolf, Max Levchin, Mikhail Gorbachev, Moneyball by Michael Lewis explains big data, NetJets, new economy, Occupy movement, open economy, Peter Thiel, place-making, plutocrats, Plutonomy: Buying Luxury, Explaining Global Imbalances, postindustrial economy, Potemkin village, profit motive, public intellectual, purchasing power parity, race to the bottom, rent-seeking, Rod Stewart played at Stephen Schwarzman birthday party, Ronald Reagan, self-driving car, seminal paper, Sheryl Sandberg, short selling, Silicon Valley, Silicon Valley billionaire, Silicon Valley startup, Simon Kuznets, sovereign wealth fund, starchitect, stem cell, Steve Jobs, TED Talk, the long tail, the new new thing, The Spirit Level, The Wealth of Nations by Adam Smith, Tony Hsieh, too big to fail, trade route, trickle-down economics, Tyler Cowen: Great Stagnation, wage slave, Washington Consensus, winner-take-all economy, zero-sum game

And it is graduates of Yale Law School and the like who are the housewives of the plutocrats. In 1979, nearly 8 percent of the 1 percent had spouses the IRS described as doing blue-collar or service sector jobs—governmentspeak for bosses married to their secretaries. That number has been falling ever since. What economists call assortive mating—the tendency to marry someone you resemble—is on the rise. But while the aggressive geeks of the super-elite are marrying their classmates rather than their secretaries, their highly educated wives are unlikely to work. My own suspicion is that most plutocrats privately believe women don’t make it to the top because something is missing.


pages: 404 words: 124,705

The Village Effect: How Face-To-Face Contact Can Make Us Healthier, Happier, and Smarter by Susan Pinker

assortative mating, Atul Gawande, autism spectrum disorder, behavioural economics, Bernie Madoff, call centre, caloric restriction, caloric restriction, cognitive dissonance, David Brooks, delayed gratification, digital divide, Edward Glaeser, epigenetics, Erik Brynjolfsson, estate planning, facts on the ground, fixed-gear, game design, happiness index / gross national happiness, indoor plumbing, intentional community, invisible hand, Kickstarter, language acquisition, longitudinal study, Mark Zuckerberg, medical residency, Menlo Park, meta-analysis, mirror neurons, neurotypical, Occupy movement, old-boy network, One Laptop per Child (OLPC), place-making, Ponzi scheme, Ralph Waldo Emerson, randomized controlled trial, Ray Oldenburg, Silicon Valley, Skype, social contagion, social intelligence, Stanford marshmallow experiment, Steven Pinker, tacit knowledge, The Great Good Place, the strength of weak ties, The Wisdom of Crowds, theory of mind, tontine, Tony Hsieh, Twitter Arab Spring, urban planning, Yogi Berra

After running tests in both countries, Huang found that American and Chinese couples who chose to take exactly the same route to work—whether or not they left home at the same time—were the happiest with each other.71 Their matching journeys implied matching goals. This synchrony resonated with the couple as yet another confirmation of their bond. Every seemingly coincidental overlap in their thoughts, habits, or behavior reminded them of what had attracted them to each other in the first place. Like attracts like, homophily, assortative mating, birds of a feather—whatever you want to call it, we know that people who are already similar are drawn to each other. They live in the same neighborhoods, eat the same foods, have similar worries, pray in the same way, and often do business together. The question we’ll explore in the next chapter is whether this magnetic attraction is always a force for good. 9 When Money Really Talks Social Networks, Business, and Crime Located in the good part of town, Mary Coughlan’s living room looks like a cross between a private library and a gallery of Asian and African art.


pages: 487 words: 151,810

The Social Animal: The Hidden Sources of Love, Character, and Achievement by David Brooks

"World Economic Forum" Davos, Abraham Maslow, Albert Einstein, asset allocation, assortative mating, Atul Gawande, behavioural economics, Bernie Madoff, business process, Cass Sunstein, choice architecture, classic study, clean water, cognitive load, creative destruction, Daniel Kahneman / Amos Tversky, David Brooks, delayed gratification, deliberate practice, disintermediation, Donald Trump, Douglas Hofstadter, Emanuel Derman, en.wikipedia.org, fake it until you make it, fear of failure, financial deregulation, financial independence, Flynn Effect, George Akerlof, Henri Poincaré, hiring and firing, impulse control, invisible hand, Jeff Hawkins, Joseph Schumpeter, labor-force participation, language acquisition, longitudinal study, loss aversion, medical residency, meta-analysis, mirror neurons, Monroe Doctrine, Paul Samuelson, power law, Richard Thaler, risk tolerance, Robert Shiller, school vouchers, six sigma, social intelligence, Stanford marshmallow experiment, Steve Jobs, Steven Pinker, tacit knowledge, the scientific method, The Spirit Level, The Wealth of Nations by Adam Smith, Thorstein Veblen, transaction costs, Tyler Cowen, Walter Mischel, young professional

This change in the cognitive load has had many broad effects. It has changed the role of women, who are able to compete equally in the arena of mental skill. It has changed the nature of marriage, as men and women look for partners who can match and complement each other’s mental abilities. It has led to assortative mating, as highly educated people marry each other and less-educated people marry each other. It has also produced widening inequality, so that societies divide into two nations—a nation of those who possess the unconscious skills to navigate this terrain and a nation of those who have not had the opportunity to acquire those skills.


pages: 524 words: 155,947

More: The 10,000-Year Rise of the World Economy by Philip Coggan

accounting loophole / creative accounting, Ada Lovelace, agricultural Revolution, Airbnb, airline deregulation, Alan Greenspan, Andrei Shleifer, anti-communist, Apollo 11, assortative mating, autonomous vehicles, bank run, banking crisis, banks create money, basic income, Bear Stearns, Berlin Wall, Black Monday: stock market crash in 1987, Bletchley Park, Bob Noyce, Boeing 747, bond market vigilante , Branko Milanovic, Bretton Woods, Brexit referendum, British Empire, business cycle, call centre, capital controls, carbon footprint, carbon tax, Carl Icahn, Carmen Reinhart, Celtic Tiger, central bank independence, Charles Babbage, Charles Lindbergh, clean water, collective bargaining, Columbian Exchange, Columbine, Corn Laws, cotton gin, credit crunch, Credit Default Swap, crony capitalism, cross-border payments, currency peg, currency risk, debt deflation, DeepMind, Deng Xiaoping, discovery of the americas, Donald Trump, driverless car, Easter island, Erik Brynjolfsson, European colonialism, eurozone crisis, Fairchild Semiconductor, falling living standards, financial engineering, financial innovation, financial intermediation, floating exchange rates, flying shuttle, Ford Model T, Fractional reserve banking, Frederick Winslow Taylor, full employment, general purpose technology, germ theory of disease, German hyperinflation, gig economy, Gini coefficient, Glass-Steagall Act, global supply chain, global value chain, Gordon Gekko, Great Leap Forward, greed is good, Greenspan put, guns versus butter model, Haber-Bosch Process, Hans Rosling, Hernando de Soto, hydraulic fracturing, hydroponic farming, Ignaz Semmelweis: hand washing, income inequality, income per capita, independent contractor, indoor plumbing, industrial robot, inflation targeting, Isaac Newton, James Watt: steam engine, job automation, John Snow's cholera map, joint-stock company, joint-stock limited liability company, Jon Ronson, Kenneth Arrow, Kula ring, labour market flexibility, land reform, land tenure, Lao Tzu, large denomination, Les Trente Glorieuses, liquidity trap, Long Term Capital Management, Louis Blériot, low cost airline, low interest rates, low skilled workers, lump of labour, M-Pesa, Malcom McLean invented shipping containers, manufacturing employment, Marc Andreessen, Mark Zuckerberg, Martin Wolf, McJob, means of production, Mikhail Gorbachev, mittelstand, Modern Monetary Theory, moral hazard, Murano, Venice glass, Myron Scholes, Nelson Mandela, Network effects, Northern Rock, oil shale / tar sands, oil shock, Paul Samuelson, Paul Volcker talking about ATMs, Phillips curve, popular capitalism, popular electronics, price stability, principal–agent problem, profit maximization, purchasing power parity, quantitative easing, railway mania, Ralph Nader, regulatory arbitrage, road to serfdom, Robert Gordon, Robert Shiller, Robert Solow, Ronald Coase, Ronald Reagan, savings glut, scientific management, Scramble for Africa, Second Machine Age, secular stagnation, Silicon Valley, Simon Kuznets, South China Sea, South Sea Bubble, special drawing rights, spice trade, spinning jenny, Steven Pinker, Suez canal 1869, TaskRabbit, techlash, Thales and the olive presses, Thales of Miletus, The Great Moderation, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, The Rise and Fall of American Growth, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Thomas Malthus, Thorstein Veblen, trade route, Tragedy of the Commons, transaction costs, transatlantic slave trade, transcontinental railway, Triangle Shirtwaist Factory, universal basic income, Unsafe at Any Speed, Upton Sinclair, V2 rocket, Veblen good, War on Poverty, Washington Consensus, Watson beat the top human players on Jeopardy!, women in the workforce, world market for maybe five computers, Yom Kippur War, you are the product, zero-sum game

However, the main reason why chief executive pay has risen so far is that their packages have been linked to share options. The rising stock market has done the rest. In Japan, where share prices have struggled, chief executive pay is much lower. But presumably you need to be as talented to run Sony or Toyota as you do to run General Electric or Ford. Another factor is “assortative mating” – well-educated people are increasingly likely to marry each other. In 1960, 25% of men with university degrees married women with the same level of education; in 2005, 48% did.47 And another element has been the decline in trade union membership and the loss of collective bargaining power.


pages: 530 words: 147,851

Small Men on the Wrong Side of History: The Decline, Fall and Unlikely Return of Conservatism by Ed West

Affordable Care Act / Obamacare, anti-communist, assortative mating, battle of ideas, Beeching cuts, Berlin Wall, Black Lives Matter, Boris Johnson, Brexit referendum, British Empire, Broken windows theory, Bullingdon Club, centre right, clean water, cognitive dissonance, Corn Laws, David Attenborough, David Brooks, deindustrialization, delayed gratification, desegregation, different worldview, Donald Trump, Elon Musk, en.wikipedia.org, Etonian, Fall of the Berlin Wall, Ferguson, Missouri, future of work, gender pay gap, George Santayana, Herbert Marcuse, illegal immigration, Jeremy Corbyn, labor-force participation, laissez-faire capitalism, lump of labour, mass immigration, means of production, megacity, meta-analysis, moral hazard, moral panic, Neil Kinnock, Nelson Mandela, Norman Mailer, obamacare, opioid epidemic / opioid crisis, Overton Window, pattern recognition, Ralph Nader, replication crisis, rising living standards, Ronald Reagan, Scientific racism, Social Justice Warrior, Stephen Fry, Steve Bannon, Steven Pinker, TED Talk, Thomas Malthus, Tragedy of the Commons, Turing test, twin studies, urban decay, War on Poverty, Winter of Discontent, zero-sum game

Even our political beliefs are to some extent hereditary.32 A Danish twin study of twelve thousand participants showed that genetics account for about 60 per cent of the variation in political ideology.33 Social attitudes generally have a genetic basis, which is further strengthened because of assortative mating, whereby people increasingly marry those with similar personalities and worldviews.34 Perhaps most startling, and rather depressing, neurologists can predict your political beliefs with 83 per cent accuracy just by examining brain structure.35 According to a study by California, San Diego and Harvard universities, ideology is affected by a dopamine receptor gene called DRD4, but only if they had an active social life in adolescence.36 Likewise where there is ‘evidence of intergenerational transmission of party identification’ it is down to genetic similarities in personality.37 In other words, conscientious conservative parents will pass on those character traits that make their children conservative, too; open-minded liberal parents will pass on those same characteristics to their open-minded liberal children.


pages: 598 words: 150,801

Snakes and Ladders: The Great British Social Mobility Myth by Selina Todd

assortative mating, Bletchley Park, Boris Johnson, collective bargaining, conceptual framework, coronavirus, COVID-19, deindustrialization, deskilling, DIY culture, emotional labour, Etonian, fear of failure, feminist movement, financial independence, full employment, Gini coefficient, greed is good, housing crisis, income inequality, Jeremy Corbyn, Kickstarter, Mahatma Gandhi, manufacturing employment, meritocracy, Nick Leeson, offshore financial centre, old-boy network, profit motive, rent control, Right to Buy, school choice, social distancing, statistical model, The Home Computer Revolution, The Spirit Level, traveling salesman, unpaid internship, upwardly mobile, urban sprawl, women in the workforce, Yom Kippur War, young professional

The Waste Land was first published in 1922. 51 There are very few studies of this because social mobility research has focused on occupation and income. Here I have drawn on an early pioneering study by Jerzy Berent, ‘Social Mobility and Marriage’, in David Glass, ed., Social Mobility in Britain, Routledge & Kegan Paul, 1954, chapter 12, and Ursula Benz and Colin Mills, ‘Social Class Origin and Assortative Mating in Britain, 1949–2010’, Sociology, vol. 52, no. 6, pp. 1217–36. 52 On clerks’ desire to marry other clerks see Diana Gittins, Fair Sex: Family Size and Structure, 1900–39, Hutchinson, 1982, pp. 80–6. 53 Stovel, Savage and Bearman, p. 363. 54 Alan McKinlay, ‘Banking, Bureaucracy and the Career: the Curious Case of Mr Notman’, Business History, vol. 55, no. 3, 2013, pp. 431–47. 55 Ibid. 56 John H.


pages: 829 words: 187,394

The Price of Time: The Real Story of Interest by Edward Chancellor

"World Economic Forum" Davos, 3D printing, activist fund / activist shareholder / activist investor, Airbnb, Alan Greenspan, asset allocation, asset-backed security, assortative mating, autonomous vehicles, balance sheet recession, bank run, banking crisis, barriers to entry, Basel III, Bear Stearns, Ben Bernanke: helicopter money, Bernie Sanders, Big Tech, bitcoin, blockchain, bond market vigilante , bonus culture, book value, Bretton Woods, BRICs, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, carried interest, cashless society, cloud computing, cognitive dissonance, collapse of Lehman Brothers, collateralized debt obligation, commodity super cycle, computer age, coronavirus, corporate governance, COVID-19, creative destruction, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, cryptocurrency, currency peg, currency risk, David Graeber, debt deflation, deglobalization, delayed gratification, Deng Xiaoping, Detroit bankruptcy, distributed ledger, diversified portfolio, Dogecoin, Donald Trump, double entry bookkeeping, Elon Musk, equity risk premium, Ethereum, ethereum blockchain, eurozone crisis, everywhere but in the productivity statistics, Extinction Rebellion, fiat currency, financial engineering, financial innovation, financial intermediation, financial repression, fixed income, Flash crash, forward guidance, full employment, gig economy, Gini coefficient, Glass-Steagall Act, global reserve currency, global supply chain, Goodhart's law, Great Leap Forward, green new deal, Greenspan put, high net worth, high-speed rail, housing crisis, Hyman Minsky, implied volatility, income inequality, income per capita, inflation targeting, initial coin offering, intangible asset, Internet of things, inventory management, invisible hand, Japanese asset price bubble, Jean Tirole, Jeff Bezos, joint-stock company, Joseph Schumpeter, junk bonds, Kenneth Rogoff, land bank, large denomination, Les Trente Glorieuses, liquidity trap, lockdown, Long Term Capital Management, low interest rates, Lyft, manufacturing employment, margin call, Mark Spitznagel, market bubble, market clearing, market fundamentalism, Martin Wolf, mega-rich, megaproject, meme stock, Michael Milken, Minsky moment, Modern Monetary Theory, Mohammed Bouazizi, Money creation, money market fund, moral hazard, mortgage debt, negative equity, new economy, Northern Rock, offshore financial centre, operational security, Panopticon Jeremy Bentham, Paul Samuelson, payday loans, peer-to-peer lending, pensions crisis, Peter Thiel, Philip Mirowski, plutocrats, Ponzi scheme, price mechanism, price stability, quantitative easing, railway mania, reality distortion field, regulatory arbitrage, rent-seeking, reserve currency, ride hailing / ride sharing, risk free rate, risk tolerance, risk/return, road to serfdom, Robert Gordon, Robinhood: mobile stock trading app, Satoshi Nakamoto, Satyajit Das, Savings and loan crisis, savings glut, Second Machine Age, secular stagnation, self-driving car, shareholder value, Silicon Valley, Silicon Valley startup, South Sea Bubble, Stanford marshmallow experiment, Steve Jobs, stock buybacks, subprime mortgage crisis, Suez canal 1869, tech billionaire, The Great Moderation, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thorstein Veblen, Tim Haywood, time value of money, too big to fail, total factor productivity, trickle-down economics, tulip mania, Tyler Cowen, Uber and Lyft, Uber for X, uber lyft, Walter Mischel, WeWork, When a measure becomes a target, yield curve

The Obamas later spent nearly $12 million on a summer residence on Martha’s Vineyard. Economists grappled with the ‘inequality crisis’, as it was now styled. The usual suspects were brought out to explain the crisis: taxes, technology, globalization, weak unions, educational disparities and the tendency of rich people to marry among themselves (known as ‘assortative mating’). Inequality, like productivity, is a complex phenomenon influenced by many different factors. Still, it’s striking that ultra-low interest rates didn’t even make it to the line-up. Most inequality experts inclined to the traditional view, which holds that interest is fundamentally unjust.


pages: 846 words: 232,630

Darwin's Dangerous Idea: Evolution and the Meanings of Life by Daniel C. Dennett

Albert Einstein, Alfred Russel Wallace, anthropic principle, assortative mating, buy low sell high, cellular automata, Charles Babbage, classic study, combinatorial explosion, complexity theory, computer age, Computing Machinery and Intelligence, conceptual framework, Conway's Game of Life, Danny Hillis, double helix, Douglas Hofstadter, Drosophila, finite state, Garrett Hardin, Gregor Mendel, Gödel, Escher, Bach, heat death of the universe, In Cold Blood by Truman Capote, invention of writing, Isaac Newton, Johann Wolfgang von Goethe, John von Neumann, junk bonds, language acquisition, Murray Gell-Mann, New Journalism, non-fiction novel, Peter Singer: altruism, phenotype, price mechanism, prisoner's dilemma, QWERTY keyboard, random walk, Recombinant DNA, Richard Feynman, Rodney Brooks, Schrödinger's Cat, selection bias, Stephen Hawking, Steven Pinker, strong AI, Stuart Kauffman, the scientific method, theory of mind, Thomas Malthus, Tragedy of the Commons, Turing machine, Turing test

But under most circumstances, the "time to be selfish," for genes, is strictly limited, and once the die — or the ballot — is cast, those genes are just along for the ride until the next election.2 Skyrms shows that when the individual elements of a group — whether of whole organisms or their parts — are closely related (clones or near-clones) or are otherwise able to engage in mutual recognition and assortative "mating," the simple game-theory model of the Prisoner's Dilemma, in which the strategy of defection always dominates, does not correctly model the circumstances. That is why our somatic cells don't defect; they are clones. This is one of the conditions under which groups — such as the group of my "host" cells — can have the "harmony and coordination" required to behave, quite stably, as an "organism" or "individual."