Postponed Adulthood, the Inequality Surge, and the Millennial Burden

I come from the infamous generation that entered young adulthood in the 1960s. I was born in 1943 in the shadow of Auschwitz and Hiroshima. Ironically, that made me part of what is no doubt the “luckiest generation” of the twentieth century. In the postwar years my family was living through the greatest economic boom in human history. I graduated from high school in 1960, just in time to take advantage of the postwar expansion in university education. When we completed our degrees, jobs were plentiful and wages were rising. The 1960s were also a period of equality-enhancing policy reform,