First-generation academics were always rare. Now they’re vanishing.
July 8, 2022 at 6:00 a.m. EDT
(John Bulmer/Popperfoto/Getty Images)Comment on this story
Comment
To understand critical issues facing the U.S. economy — soaring inflation, worker shortages and perhaps a looming recession — researchers must understand human behavior. They need to know how everyday Americans will react when pump prices double or shelves go bare.
That’s why it’s somewhat alarming to learn that academia in general — and economics in particular — has quietly become the province of an insular elite, a group likely to have had little exposure to the travails of America’s vast middle class.
Department of Data
We here at the…