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I am of that generation that benefited from the housing boom: over 50 years it has rewarded me with a valuable, unearned asset.
But the old radical, you suspect, resents it as an unearned asset of the one per cent, and the brainy feminist wants you to understand its pathos as a love charm doomed to expire.
This is now, when house prices are spiralling out of the reach of ordinary households, benefitting the few as their unearned asset rises in value while the wages of the many stagnate.
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"I have come to see white privilege as an invisible package of unearned assets that I can count on cashing in each day, but about which I was 'meant' to remain oblivious.
In our culture, this ignorance is often due to the invisible advantage of white privilege, what Wellesley professor Peggy McIntosh calls "a set of unearned assets that a white person in America can count on cashing in each day but to which they remain largely oblivious".
"His demand for expensive machinery," Hofstadter wrote, "his expectation of higher standards of living and his tendency to go into debt to acquire extensive acreage created an urgent need for cash and tempted the farmer into capitalizing more and more on his greatest single asset: the unearned appreciation in the value of his land".
Addressing this issue, earlier seminal studies have commonly used unearned income [52] productive assets and demographic composition factors [53] as identifying instruments for household expenditure.
Conversely, if there are no investments in a child's name, Mr. Kess recommends shifting some assets in that direction because the first $750 of unearned income is not taxable this year (that is up from $700 last year), and the next $750 is taxed at their marginal rate, generally 15percentt, he said.
Freedman claims, among other things, that Renaissance could not refund customer deposits because it had fraudulently spent the unearned revenue in a mad dash to increase its cruise ship assets before a planned stock offering.
No trained economist seriously believes that shoveling unearned benefits to people who just happen to own or inherit financial assets is good for growth, productivity or anything else.
This break for unearned income is a tremendous boon for the wealthiest households, who hold much of their assets in money-making passive investments.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com