What’s happening with Millennials?
Most generations follow a similar trend: The older people get, the more conservative they become on average (the on average is important, because one of the reasons for the trend is literal survivorship bias: Wealthier people live longer and they tend to be more conservative, thus skewing the average). Interestingly, Millennials so far refuse to follow the trend. First reported by the Financial Times for UK and US, but the trend is very similar for lots of countries — with some notable exceptions.
From Weekly Filet #423, in January 2023.
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