One of the deep, long-term changes in American lives has been what social historians call the “standardization” of the life course. From the 19th into the 20th century, increasingly more young Americans were able to follow a common sequence: get educated, get a job, leave parents’ home, get married, have children, and become financially secure (to be followed by empty nest, retirement, and “golden years”)–the American Dream in one, widely-shared package.*
In recent decades, however, Americans’ life courses have become less standardized, less shared. A new study, by Jeremy Pais and D. Matthew Ray, shows how much this historical reversal is connected to economic fortunes. The less affluent, who were late to standardization in the 20th century, are in the 21st increasingly leading “non-standard” lives.
MADE IN AMERICA 