







As we enter our 40s, we’re being forced to confront something awful — not our mortality. Our finances.
Open source confronts its midlife crisis | The Observation Deck
Midlife is tough: the idealism of youth has faded, as has inevitably some of its fitness and vigor. At the same time, the responsibilities of adulthood have grown: the kids that were such a fresh adventure when they were infants and toddlers are now grappling with their own transition into adulthood – and you try to remind yourself that the kids that you have sacrificed so much for probably don’t actually hate your guts, regardless of that post they just liked on the ‘gram. Making things more challenging, while you are navigating the turbulence of teenagers, your own parents are likely entering life’s twilight, needing help in new ways from their adult children. By midlife, in addition to the singular joys of life, you have also likely experienced its terrible sorrows: death, heartbreak, betrayal. Taken together, the fading of youth, the growth in responsibility and the endurance of misfortune can lead to cynicism or (worse) drastic and poorly thought-out choices. Add in a little fear of mortality and some existential dread, and you have the stuff of which midlife crises are made…
The soft life: why millennials are quitting the rat race
Ambition once came with a promise: a home, a salary, progress and fulfilment. What happens when that promise is broken? Meet the women who are turning their backs on consumerism, materialism and burnout

The Mid-30s Awkward Phase No One Tells You About
We're supposed to live it up in our 20s and "own" 40. But what about the in-between?
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Doing what you love when the money won’t follow
I have frequently been critical of the advice given by baby boomers to “do what you love and the money will follow”. After the hard experience of my generation and the ones following it…

FinTech Adoption Across Generations: Financial Fitness in the Information Age
This paper analyzes how better access to financial information via new technology changes use of consumer credit and affects financial fitness. We exploit the introduction of a smartphone application for personal financial management as a source of exogenous variation. FinTech adoption reduces financial fee payments and penalties, but differs cross-sectionally in the population. After adopting the new technology, Millennials and members of Generation X incur fewer financial fees and penalties, whereas Baby Boomers do not benefit from the technological advance. Millennials and Gen Xers save fees by using their credit cards rather than overdrafts to manage short-term liabilities. Moreover, Millennials shift some of their spending to discretionary entertainment, whereas members of Generation X remain more austere. Finally, while men tend to adopt new technology and access information at a higher rate, the economic impact of access is larger for women.

The Global Decline in the Mental Health of the Young
One of the major findings in wellbeing research until recently was that happiness was U-shaped by age and unhappiness hump-shaped by age. There was a midlife crisis — a finding reported in well over 600 published papers using data on 145 countries. It was present in both developing and developed countries. And it was persistent over time. The finding of a peak in ill-being in midlife was consistent with Anne Case and Angus Deaton’s work on mortality and the so-called “deaths of despair.”1 In the US in particular and to a lesser extent in other countries, White prime-aged individuals without a college degree had high death rates from suicide, drug overdoses, and cirrhosis of the liver. Drug overdose deaths in the US, for example, peaked at midlife ages. In 2023, the Centers for Disease Control and Prevention (CDC) reported that overdose death rates per 100,000 by age rose from 13.5 for 15-to-24-year-olds to 45.6 for 25-to-34-year-olds and 60.8 for 35-to-44-year-olds, and then declined to 53.3 for 45-to-54-year-olds, 49.2 for 55-to-64-year-olds, and 14.7 for those over the age of 65.2 The morbidity data matched the mortality data.

Economic Possibilities for our Grandchildren- John Maynard Keynes
We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress which characterised the nineteenth century is over; that the rapid improvement in the standard of life is now going to slow down—at any rate in Great Britain; that a decline in prosperity is more likely than an improvement in the decade which lies ahead of us.
Why 30 is the decade friends disappear — and what to do about it
Vox is a general interest news site for the 21st century. Its mission: to help everyone understand our complicated world, so that we can all help shape it. In text, video and audio, our reporters explain politics, policy, world affairs, technology, culture, science, the climate crisis, money, health and everything else that matters. Our goal is to ensure that everyone, regardless of income or status, can access accurate information that empowers them.

36 important life and work lessons a top tech executive learned before turning 30
The days are long but the decades are short.
Grow like Trees: An Organic Approach to Societal Regrowth
2026 is the year that system breakdown became impossible to deny. Democratic norms, societal norms, rule of law, the fabric of the social contract tearing as we watch. Or hide, unwilling or unable to face the unravelling. The hopeful among us see opportunity through the dark. Tentatively or boldly we

Suburbanasia
The environment younger Millennials and older Gen-Z grew up in withered away their ability to mitigate stress and handle disagreements. Is there any way to fix it?

Degeneracy is a Symptom
On Conspicuous Despair, the Ponzi stage of being alive, and why your grandparents are wrong about you.

Digital inequality in communication during a time of physical distancing: The case of COVID-19
In times of physical distancing, such as during the COVID-19 pandemic, people are likely to turn to digital communication to replace in-person interactions. Yet, persisting digital inequality suggests that not everyone will be equally able or disposed to increasing digital communication during a public health crisis. Using survey data from a national sample of U.S. participants (N = 2,925) that we collected during the early months of the pandemic, we analyzed how sociodemographics, living arrangements, and Internet experiences and skills relate to increases and decreases in various digital communication methods. We find that people privileged in their socioeconomic status, their Internet skills and online experiences are more likely to increase and less likely to decrease digital communication during the pandemic. The findings illustrate how digital inequalities can put already disadvantaged groups at greater risk of diminished social contact during a public health crisis. We discuss the theoretical implications of our findings for digital inequality research, the practical implications for inclusive crisis responses, and directions for future research.

Millennial meme marketing must end
I won’t let future generations remember us this way.

‘My social life completely plummeted’: gen Z is fighting back against big tech
From apps that block distractions to stripped-down phones, young people are finding ways to unplug from platforms they say profit from their attention

This is worth paying attention to, but be careful excluding government transfers which create huge amounts of spending that should *not* be assumed away. Also an aging population will naturally increase their role over time.
Carl Quintanilla
“.. Real personal income per capita has not grown in 15 months and is meaningfully below the pre-pandemic trend.” - @thedailyshot.bsky.social