The ‘intangible economy’ is making everyone miserable | Allison Schrager

Americans are currently experiencing an era of unprecedented economic prosperity and wealth, marking the best of times on paper. National living standards have reached historic highs, reflecting a state of immense richness. However, this shift toward an intangible economy is simultaneously contributing to widespread misery among the population. Despite the objective financial gains and prosperity reported across the nation, the structural nature of this modern economic evolution is negatively impacting the general well-being of people.