Earlier quoted context omitted.
You hit the nail squarely on the head. In days past when people retired they'd still help raise kids or look after households. When we moved past requiring that sort of thing, we left the elderly without engagement. I'm not sure what the solution is, but perhaps as a society we could be more intentional about creating roles where the elderly can still help and feel useful, but also have flexibility and a more relaxed…
They shouldn’t just feel useful, they need roles that actually are useful. They’re not dumb.
Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
91–100 of 395 posts
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#92The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…
Most of the people who get a lot out of retirement are still doing economically productive work, it's just illegible to the point they don't feel it's worth bothering to make a buck off it. Any serious hobby is basically a second job you don't get paid for, in other words.
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#93We probably all have anecdotal evidence here, but my father is a perfect example of being no longer employed and a ton of stuff declining. Yes, cognitively, but a lot of health. We're talking not just your "career". He was a commercial real estate agent. But in his 80s he was working at Menards as a greeter and stocker. And it kept him busy. Getting out of the house. Figuring things out. Meeting and talking to people…
As a general comment, I'd like to say that getting out of the house is a hell of a lot easier when you don't have to drive everywhere to participate in daily life. So and so family member sits at home and watches TV all day is a phenomenon caused primarily by our car-centric culture which, for the elderly, is a barrier to staying healthy both mentally and physically.
But I don't immediately believe the link that 'car culture' -> 'earlier cognitive decline'. Car culture, for example, is usually associated with living on larger plots of land, which comes with its own set of tasks and chores that can keep someone older occupied. A smaller apartment requires much less ongoing work.
I think a lot depends on the individual and how they best stay active. More dense living probably provides easier opportunities to do things, whereas less dense living sort of forces you to perform ongoing tasks.
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#94Earlier quoted context omitted.
Respectfully but strongly disagree. I'll argue you don't have to be a victim and can choose where you live if you plan ahead a little. There's plenty of places where a car is not necessary and even if people think a car's necessary I'm often the only one on a bicycle in many places.. It's doable if you're willing to put in the effort.
As far as I’m aware, every US city where it’s at all common (let’s say 10%+ of households) to live without a car, it’s extremely expensive to live. Are there gems that I’m unaware of?
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#95Earlier quoted context omitted.
You hit the nail squarely on the head. In days past when people retired they'd still help raise kids or look after households. When we moved past requiring that sort of thing, we left the elderly without engagement. I'm not sure what the solution is, but perhaps as a society we could be more intentional about creating roles where the elderly can still help and feel useful, but also have flexibility and a more relaxed…
They shouldn’t just feel useful, they need roles that actually are useful. They’re not dumb.
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#96This feels like propaganda, like a peice from the Economist.
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#97Is there any evidence in this paper or elsewhere that this is causation rather than correlation? For example, it seems logical to me that people with worse health and failing mental faculties will already be feeling more motivation to retire earlier, as opposed to very healthy people who will keep on working forever. That would be pure correlation
https://www.nber.org/system/files/working_papers/w35117/w351...
https://en.wikipedia.org/wiki/Instrumental_variable
Not perfect, but less vulnerable to the correlation issue you mentioned.
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#98The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#99The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…
I think this is a problem in perspective/framing. Or phrasing, if you will. "Being economic entities in the workforce" could alternatively be phrased, "performing a skilled role or responsibility that's useful for your tribe." That sounds much less sinister. It's something humans have been doing for millions of years. It feels good, it engages our brains, it's helpful to others, and it's helpful to ourselves. And I c…
I think most folks do, in fact, want to “perform a skilled role or responsibility that's useful for your tribe”, but find themselves railroaded into bullshit office jobs full of performative nonsense, soul crushing frontline service work, or body destroying blue collar work with no safety net, all of which are recipes for burnout later in life. Compare Keynes’ “Economic Possibilities for our Grandchildren” [1] to what we ended up with and you’ll find the root of the discontent is perhaps warranted.
Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks
#100Earlier quoted context omitted.
Every man I know that lived well into their 80's touching or breaking 90 were all active in some way. Once they stopped, they died shortly after. Though to be honest, they didn't stop by choice, usually from an injury or medical condition.
I’m going to say there’s some mixup of causation and correlation here