millennials

In a special episode of The Economics of Everyday Things, host Zachary Crockett explains what millennials do to show they care, how corrugated cardboard keeps your food warm, and why every city has a billboard for a guy who calls himself “The Hammer.”

• SOURCES:
  • Jason Abraham, managing partner of Hupy & Abraham.
  • Nora Engstrom, professor at Stanford Law School.
  • Kyle Hebenstreit, C.E.O. of Practice Made Perfect.
  • Patrick Kivits, president of corrugated packaging at WestRock.
  • Mia Mercado, writer and former editor at Hallmark.
  • Eric Nelson, green business program manager for Johnson County, Kansas.
  • Scott Wiener, founder of Scott's Pizza Tours.
  • George White, president of Up With Paper and former president of the American Greeting Card Association.

• RESOURCES:
  • 34th Louie Awards - Finalists & Winners, (2022-2023).
  • "Personal Injury Settlement Amounts Examples (2024 Guide)," by Jeffrey Johnson (Forbes Advisor, 2022).
  • "Who Is the Fastest Pizza Box Folder?! World Pizza Games 2021," video by The Laughing Lion (2021).
  • "Season’s (and Other...) Greetings," by Maria Ricapito (Marie Claire, 2020).
  • "Scott's Pizza Chronicles: A Brief History of the Pizza Box," by Scott Wiener (Serious Eats, 2018).
  • "Apple Patented a Pizza Box, for Pizzas," by Jacob Kastrenakes (The Verge, 2017).
  • "Hallmark Greeting Cards Have Adjusted to the Digital Revolution," by Trent Gillies (CNBC, 2017).
  • "We Eat 100 Acres of Pizza a Day in the U.S.," by Lenny Bernstein (The Washington Post, 2015).
  • "Low Ball: An Insider’s Look at How Some Insurers Can Manipulate Computerized Systems to Broadly Underpay Injury Claims," by Mark Romano and J. Robert Hunter (Consumer Federation of America, 2012).
  • "A Century of Change in Personal Injury Law," by Stephen D. Sugarman (UC Berkeley Public Law Research Paper, 2000).
  • Pizza Tiger, by Thomas Monaghan (1986).
  • Bates v. State Bar of Arizona, in the Supreme Court of Arizona (1977).

The tradition of sending cards to loved ones was in decline — until it was rescued by a new generation. But millennials have their own ideas about what sentiments they want to convey. Zachary Crockett is thinking of you on your special day.  

• SOURCES:
  • Mia Mercado, writer and former editor at Hallmark.
  • George White, president of Up With Paper and former president of the American Greeting Card Association.

• RESOURCES:
  • 34th Louie Awards - Finalists & Winners, (2022-2023).
  • "Season’s (and Other...) Greetings," by Maria Ricapito (Marie Claire, 2020).
  • "Hallmark Greeting Cards Have Adjusted to the Digital Revolution," by Trent Gillies (CNBC, 2017).
  • "Testimony of Don Hall, Jr. President and CEO of Hallmark Cards, Inc. Before a Joint Hearing of the Senate Subcommittee on Federal Financial Management, Government Information, Federal Services and International Security and the House, Postal Service and the District of Columbia" (2010).

For many millennials, buying a home has become almost entirely out of reach. Average 30-year mortgage rates are hovering around 7 percent — the highest they’ve been since 2007 — largely because of the Federal Reserve’s efforts to tame inflation.

David Leonhardt, a senior writer for The New York Times, discusses whether it is time to change how we think about buying vs. renting.

Guest: David Leonhardt, a senior writer for The New York Times. He writes The Morning, The Times’s flagship daily newsletter, and also writes for Sunday Review.

Background reading: 

• Are you ready to buy a home? Should you rent? Take our quiz.
• From Opinion: Millennials are hitting middle age — and it doesn’t look like what we were promised.
• The New York Times’ review of David Leonhardt’s book “Ours Was the Shining Future.”

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

TODAY - The shocking truth about Excess deaths and how Pfizer profiteered from the pandemic, with Edward Dowd, author of ‘Cause Unknown: The Epidemic of Sudden Deaths’.

Follow Edward Dowd on X: https://twitter.com/DowdEdward

Support this channel directly here: https://rb.rumble.com/

Follow on social media: X: @rustyrockets INSTAGRAM: @russellbrand FACEBOOK: @russellbrand

Hosted on Acast. See acast.com/privacy for more information.

The median age in the United States, at just under 39, is the highest it’s ever been, and it’s been rising for decades. We’ll get into the economic implications of America’s aging population. Also, the Supreme Court has been getting comfy with ruling on technicalities rather than policy. We’ll explain how that played out in a recent immigration case. Plus, it’s Revenge of the Nerds: Billionaire Edition. And, we’ll play a round of Half Full/Half Empty!

Here’s everything we talked about today:

• • “Texas and Louisiana lack right to challenge Biden immigration policy, court rules” from Amylhowe.com

• • “The U.S. Population Is Older Than It Has Ever Been” from The New York Times

• • “How workwear went from functional to fashionable” from Marketplace

• • “Wimbledon to use AI for video highlight commentary” from CNN

• • “Talking credit helps visually impaired people make transactions safely” from Marketplace

• • “Elon Musk and Mark Zuckerberg: Are they really going to cage fight?” from Vox

• • “Are brain implants a privacy issue?” from Marketplace

Make a gift to help us close our fundraising gap: https://support.marketplace.org/smart-sn

The housing crisis is emerging as one of the key battlegrounds ahead of the general election, especially for millennial voters. But as Labour turns up the heat announcing policy, the issue is exposing divides and flaring up accusations of NIMBYism within the Conservative party.

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: thetimes.co.uk/storiesofourtimes. 

Guest: Geraldine Scott, Political Reporter, The Times.

Host: Luke Jones. 

Clips: BBC Radio 4, Parliament Live TV, Times Radio, Daily Mail, Conservatives, LBC, ITV News.

Hosted on Acast. See acast.com/privacy for more information.

Different generations love to cast aspersions on each other. Boomers think Millennials and Gen Zers are fragile narcissists. Those younger generations think that Boomers are selfish, closed-minded pinheads who helped themselves to economic success and then pulled the ladder out for everyone else.

But are these and other generational stereotypes true? Here to unpack that question for us is Jean Twenge, a professor of psychology and the author of Generations: The Real Differences between Gen Z, Millennials, Gen X, Boomers, and Silents—and What They Mean for America’s Future. We begin our conversation with some background on the study of generations and why Jean thinks the Strauss-Howe theory of generational cycles has been disrupted. We then work our way through the generations, from the Silent Generation to the present, and talk about the characteristics and particular challenges of each cohort. We dig into the myths and truths of the generations, such as whether Boomers are doing financially well and Millennials are doing financially poorly. We talk about why Gen X gets overlooked, why there’s such a sharp break between Millennials and Gen Z, why Gen Zers are taking longer to get their drivers’ licenses and feel darkly pessimistic, and much more.

Resources Related to the Podcast

•  
  • AoM article on the Strauss-Howe generational cycle theory
  • AoM Podcast #236: What the Generational Cycle Theory Can Tell Us About Our Present Age (With Neil Howe)
  • AoM Article: A New Generation of Prigs, Prudes, and Squares
  • AoM Article: How Millennials Could Be the Next Greatest Generation of Personal Finance
  • AoM Podcast: #751: The Rise of the Religious “Nones” (And What It Means for Society)
  • Atlantic article by Jean: “The Myth of the Broke Millennial” 

Connect With Jean Twenge

• Jean’s website

Link to submit questions: bit.ly/3U3sTvo

DEEP DIVE: The Deep Reset [8:58]

- Should I use Seinfeld’s “Don’t Break the Chain” method? [37:48]

- Does Cal have a separate task board and weekly plan for his personal life? [42:07]

- How do I track my metrics over the long term? [47:18]

- Are Facebook and Instagram doomed? [52:25]

- CALL: Children and video games [58:47]

- When do I add a task to my list versus straight into my weekly plan? [1:07:50]

CASE STUDY: Implementing Deep Work advice [1:13:18]

MAILBAG: [1:19:40]

- Cal’s vision of the AR future as it grows closer

https://twitter.com/MKBHD/status/1580917421757587456?s=20&t=-deRWeIvOuCdPhhnAOFm9Q

- Andrew Huberman on the “Cathedral Effect”

https://hubermanlab.com/5-science-based-steps-to-improve-your-workspace/

- Obligatory Focus Porn: Writing in an isolated hut

https://alastairhumphreys.com/important-or-urgent/

Thanks to our Sponsors:

rhone.com/Cal

ladderlife.com/Deep

eightsleep.com/Deep

stamps.com/Deep

Thanks to Jesse Miller for production, Jay Kerstens for the intro music, and Mark Miles for mastering.