By David Weber
The vitality of our economic model (market-based/capitalist) is generally predicated on growth.
Typically we measure Gross Domestic Product (a measure of the total income of everyone in the economy; or, stated another way, the assignment of a monetary value to all finished goods and serviced produced in the defined economy) to assess in a snapshot the health of the economy.
U.S. Census data suggest that as early as 2040 non-Hispanic whites will become a minority in America. Changing demographics play a key role in determining national identity and leadership selection.
Creighton University is uniquely located in a setting that allows for both micro- and macro-level studies, discussion and leadership regarding coming shifts in racial, ethnic, religious, and generational demographics.
Issues such as the following will invite study, discussion, and policy responses:
To address the questions that arise from shifting demographics, Creighton University has established The 2040 Initiative. Through this website and accompanying blog, Creighton faculty from a range of disciplines will offer their expertise and critical analysis on this phenomenon.