front cover of Birth and Fortune
Birth and Fortune
The Impact of Numbers on Personal Welfare
Richard A. Easterlin
University of Chicago Press, 1987
In this influential work, Richard A. Easterlin shows how the size of a generation—the number of persons born in a particular year—directly and indirectly affects the personal welfare of its members, the make-up and breakdown of the family, and the general well being of the economy.

"[Easterlin] has made clear, I think unambiguously, that the baby-boom generation is economically underprivileged merely because of its size. And in showing this, he demonstrates that population size can be as restrictive as a factor as sex, race, or class on equality of opportunity in the U.S."—Jeffrey Madrick, Business Week
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front cover of Birth Quake
Birth Quake
The Baby Boom and Its Aftershocks
Diane J. Macunovich
University of Chicago Press, 2002
Between 1965 and 1985, the Western world and the United States in particular experienced a staggering amount of social and economic change. In Birth Quake, Diane J. Macunovich argues that the common thread underlying all these changes was the post-World War II baby boom—in particular, the passage of the baby boomers into young adulthood.

Macunovich focuses on the pervasive effects of changes in "relative cohort size," the ratio of young to middle-aged adults, as masses of young people tried to achieve the standard of living to which they had become accustomed in their parents' homes despite dramatic reductions in their earning potential relative to that of their parents. Macunovich presents the results of detailed empirical analyses that illustrate how varied and important cohort effects can be on a wide range of economic indicators, social factors, and even on more tumultuous events including the stock market crash of 1929, the "oil shock" of 1973, and the "Asian flu" of the 1990s. Birth Quake demonstrates that no discussion of business or economic trends can afford to ignore the effects of population.
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front cover of Blurring the Color Line
Blurring the Color Line
The New Chance for a More Integrated America
Richard Alba
Harvard University Press, 2009

Richard Alba argues that the social cleavages that separate Americans into distinct, unequal ethno-racial groups could narrow dramatically in the coming decades. During the mid-twentieth century, the dominant position of the United States in the postwar world economy led to a rapid expansion of education and labor opportunities. As a result of their newfound access to training and jobs, many ethnic and religious outsiders, among them Jews and Italians, finally gained full acceptance as members of the mainstream. Alba proposes that this large-scale assimilation of white ethnics was a result of “non-zero-sum mobility,” which he defines as the social ascent of members of disadvantaged groups that can take place without affecting the life chances of those who are already members of the established majority.

Alba shows that non-zero-sum mobility could play out positively in the future as the baby-boom generation retires, opening up the higher rungs of the labor market. Because of the changing demography of the country, many fewer whites will be coming of age than will be retiring. Hence, the opportunity exists for members of other groups to move up. However, Alba cautions, this demographic shift will only benefit disadvantaged American minorities if they are provided with access to education and training. In Blurring the Color Line, Alba explores a future in which socially mobile minorities could blur stark boundaries and gain much more control over the social expression of racial differences.

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