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Book 2, Inflation Number Roll, and FLL Economics

Peoplenomics is a packed one. Reader reaction to Department 546: The Ancient Children has been terrific — including one fellow who says the book cost him most of a perfectly good Monday because he couldn’t put it down. Book One remains free to subscribers, and Book Two — the conclusion — is finished and should arrive with next week’s column.

Markets are getting interesting, too. With CPI just released and Retail Sales coming Friday, this week’s 40-page ChartPack looks at a developing possibility: [subscribers only], We also fire up the News Compressor for a fast pass through the biggest geopolitical, economic, AI, weather and disaster stories worth knowing this morning.

The main Peoplenomics study, though, introduces Functional Length of Life — FLL Economics. We’re used to assuming modern life represents continuous progress. But what happens when we measure how much of a human lifetime is actually available for living, rather than schooling, commuting, working, complying and maintaining the machinery of modern existence? Sometimes “progress” isn’t all it’s cracked up to be.

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