College graduates in 1940 were as smart as PhDs in 2018.
Apparently some of the decline in the income ~ g, between NLSY 79 and 97 is due to a larger share of nonworking people.
Is there a way to control for economy (like in the graph provided by Peter Turchin)? Elite overpopulation increase in those eras = a lot of people doing job-free "financial independence", is this logic correct? https://peterturchin.com/cliodynamica/ages-of-discord-my-third-independently-published-book/
Apparently some of the decline in the income ~ g, between NLSY 79 and 97 is due to a larger share of nonworking people.
Is there a way to control for economy (like in the graph provided by Peter Turchin)? Elite overpopulation increase in those eras = a lot of people doing job-free "financial independence", is this logic correct? https://peterturchin.com/cliodynamica/ages-of-discord-my-third-independently-published-book/