Disruption has been the buzzword of the decade. And it's true that there have been some significant changes afoot, from the wiring of the whole world to the coming of unprecedented levels of multiculturalism and tolerance. But as important and yet neglected is a story that's happening alongside and to some degree in reaction to all of that change. It involves people making decisions that are at first glance in their best interests - that is, they are economically and indeed socially rational decisions. But the effects of these decisions at the societal level are significant, unintended, and not always good. They have made us more risk adverse and more set in our ways, more segregated, and they have sapped us of the pioneer spirit that made America the world's most productive and innovative economy. Furthermore, all this has happened at a time when we may need American dynamism more than ever before.
- From The Complacent Class: The Self-Defeating Quest for The American Dream by Tyler Cowen