
the letter from Grant, Peter and Kyla explaining said decision is here.
(also worth checking out is Mr. Alden's latest blog entry, "Sing! Fear is a man's best friend!", in which he ponders Megan McArdle's recent article, "No Country for Young Men," in the Atlantic Monthly.
a (near devastating) quote from Ms. McArdle's piece: "Somewhere around the age of 45 or 50, the experience of losing a job seems to change dramatically. Whatever the reason behind the job loss, long-term unemployment becomes a much more likely prospect. People older than this are somehow unwilling to accept a new, lower-paying or lower-status position, even if that refusal causes substantial economic hardship. Instead, they may label themselves consultants and wait for a job comparable to the one they lost, one that, in all too many cases, never comes along; or go on disability; or simply exit the workforce altogether."
I'm not even going to count how many ways this is relevant right about now.)
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