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I think the question here is whether it's easier to take risks now versus a generation ago.

• TallGuyShort 7y ago
  Then they should be comparing where people in previous generations were at the same point in their life. Not where previous generations are at the same point in time.
• romaaeterna 7y ago
  This sort of generational change has happened before: https://en.wikipedia.org/wiki/Silent_Generation https://en.wikipedia.org/wiki/Silent_Generation Also see Pareto on foxes and lions.
  • GFischer 7y ago
    First time I see the foxes and lions thing, thanks for sharing. Found this link: https://www.eugenewei.com/blog/2017/3/6/paretos-two-types-of-elites-lions-and-foxes https://www.eugenewei.com/blog/2017/3/6/paretos-two-types-of...
• shams93 7y ago
  If we get rid of student loans this could change overnight, we have fashioned a society that punishes risk taking on so many levels but the student debt is the strongest driver I can see its basically a return of the indentured servitude culture of the 18th century when most people came to this country under the auspices of indenture.
• Ididntdothis 7y ago
  A lot of the young engineers I work with are definitely weighed down by their college debt, super high housing cost and health cost. A generation ago buying a house was much more affordable. So was college. So I'd say, yes, a generation ago it was easier to take a risk because today you don't have much less margin of error.