Oren Cass, executive director of American Compass, has an essay in the New York Times that I encourage you to read. It is an argument that many overweight the importance of economic outcomes in assessing overall well-being.

The essay is often confused. Mr. Cass gives short shrift to the human misery caused by a weak economy while also arguing that the economic recovery of the past several months is unimportant. It presents a zero-sum conflict between material abundance and the virus that doesnโ€™t exist in reality. (โ€œHow much of that technology would you trade to erase the coronavirus?โ€ And: โ€œConsider whether new apps on your smartphone compensate for the loss of control.โ€) Cass sometimes makes obvious points that are widely agreed upon, presenting them as if they are novel: Yes, increases in material well-being do โ€œsay little about relationships.โ€

Cass criticizes my new book, The American Dream Is Not Dead: (But Populism Could Kill It), which you can check out here. In the book, I argue (correctly) that quality of life for typical workers and households has been increasing over the past several decades. In an attempt to demonstrate that I am overvaluing the importance of economic outcomes in overall well-being, Cass writes:

By โ€œDr. Strainโ€™s standards, the past few months were the greatest in human history to be alive. The pandemic has allowed more time than ever to enjoy air-conditioning and color televisions, computers and phones. One can joy ride for hours streaming podcasts.โ€

This is, of course, absurd. Those of us who think that economic outcomes are of first-order importance to overall well-being and who (correctly) view the past several decades as largely a story of upward economic progress for typical workers and households are not being inconsistent in any way by also viewing the past several months as a human, social โ€” and, indeed, economic โ€” disaster. In response to this vile invention, I have two words for Mr. Cass: Try harder.

There is much to admire about Cassโ€™s larger project, and there are goals he and I share. The need to advance economic opportunity to the working class is important, and Cass has done the political Right and the policy community as a whole a service by increasing attention on these challenges and potential solutions. I share elements of Cassโ€™s social conservatism โ€” his concern that family and community do not receive the attention they deserve. Along with literally every economist I know, I agree with Cass that economic growth is at times in tension with other social goals, and that often times non-economic goals should take priority.

But during the worst economic downturn in a century, with depression-level unemployment and severe private income loss, the impact a growing economy and the opportunities it creates have on well-being is clearly on display.