Word: generationers
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Of course, the children of wealthy parents don't always grow up to be self-indulgent, feckless adults, just as deprived children don't always become driven overachievers. But literature and media are stuffed with rich-kids-gone-bad stories, and there's plenty of anecdotal evidence that cosseted offspring...
The panic-stricken behavior makes perfect sense in light of the nation's recent history. Of all of the amazing growth stories in Asia's economic miracle, South Korea's is probably the most miraculous. In a mere generation, the country transformed itself from an impoverished backwater living on American...
What people don't know is what the Philippines will look like when the millions of children these workers are leaving behind grow up. A UNICEF-commissioned study estimates that roughly one in four kids - about 9 million children nationwide - have at least one parent working abroad. More and more...
By the beginning of the 1960s, though, liberalism was becoming a victim of its own success. The post-World War II economic boom flooded America's colleges with the children of a rising middle class, and it was those children, who had never experienced life on an economic knife-edge...
The disorder that panics Americans now is not cultural but economic. If liberalism collapsed in the 1960s because its bid for cultural freedom became associated with cultural disorder, conservatism has collapsed today because its bid for economic freedom has become associated with economic disorder. When Reagan took power in 1981...