Outliers: The Story of Success · chapter 5 · id outliers-c5-02-being-born-in-a-demographic-tr

“Being born in a demographic trough (small birth cohort, e.g., during the Depression) creates advantages because there is less competition for resources, schools, and jobs.”

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Receipts

Easterlin (1980), Birth and Fortune: The Impact of Numbers on Personal Welfare, Basic BooksFLAGGED: DOI not in registry

Easterlin showed that cohort size affects economic outcomes: smaller birth cohorts face less competition for jobs and resources, leading to better wages and career outcomes relative to larger cohorts.

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