Every once in a while--and it does not happen very often -- something comes along that deserves to have a strong influence on government policy, individual behavior, and how business leaders align the pursuit of profit with their social responsibilities. I believe that two issues warrant such a designation today; and the implications are consequential.
The first is something I have written a lot about and it worries me greatly -- as an economist, a parent, and someone concerned about the most vulnerable segments of our society.
What I am referring to here is the real risk that, for the first time in nearly a century in most western countries, our children's generation may end up worse off than that of their parents. This sad state of affair is the result of a number of multi-year developments.
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