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THEAMERICANCONSERVATIVE (Nic Rowan) - New Book, Old Look

Samuel Moyn has something to say about the elderly, but it’s not exactly clear what. The post New Book, Old Look appeared first on The American Conservative .

Books New Book, Old Look Samuel Moyn has something to say about the elderly, but it’s not exactly clear what. Gerontocracy in America: How the Old Are Hoarding Power and Wealth—and What to Do About It by Samuel Moyn. Farrar, Straus & Giroux, 288 pages. Here is the first paragraph of Samuel Moyn’s book on gerontocracy: For two centuries, Democracy in America, published by the Frenchman Alexis de Tocqueville starting in 1835, has been the most famous book about the United States. It deserves to stay that way. But it might need an update. What do these sentences mean? Do they mean anything? Of course, I get the joke—or what is…Open

AXIOS (Emily Peck) - American CEOs are getting older

Data: BoardEx via "Aging at the very top," published by NBER ; Note: Sample includes 50,510 CEOs in U.S.; Chart: Emily Peck/Axios It's not just Congress — the corner office is graying, too, with the average American CEO now 61, up from around 51 two decades ago, a new working paper finds. Why it matters: It's a mixed bag: Older leaders tend to manage businesses that grow more slowly and are less likely to radically innovate, the study finds, in line with prior research. But they also appear to be better at managing companies through more uncertain economic times. By the numbers: The researchers looked at a database of more than 50,000 leaders. They found that the tendency to hire older leaders is more predominant among smaller,…