Adam Davidson: Our Economic Indicators Are Outdated

The transcript discusses the current state of the economy, highlighting differing opinions on its performance. Adam Davidson's book, 'The Passion Economy,' suggests the American Dream is still attainable despite economic challenges. The transcript compares the mid-20th century's prosperous economy to today's issues like inequality and stagnant wages. Davidson remains optimistic about future opportunities, emphasizing new ways for Americans to earn from their passions.

What is the main argument of Adam Davidson's book, 'The Passion Economy'?

• The American Dream is dead.

• The economy is beyond repair.

• The American Dream is still achievable.

• The economy is perfect as it is.

What historical period is mentioned as a time of economic prosperity in the U.S.?

• Late 19th century

• Mid 20th century

• Early 18th century

• Early 21st century

Which of the following is NOT mentioned as a current economic challenge?

• Low unemployment rates

• Rising inequality

• Stagnant wages

• High student loan debt

According to Davidson, what is necessary before finding solutions to economic problems?

• Relying on political parties

• Ignoring the problems

• Implementing quick fixes

• Understanding the problems

What new opportunities does Davidson highlight for Americans to earn money?

• Investing in stocks

• Starting a podcast

• Opening a restaurant

• Becoming a teacher