Same blog from a different URL 2 days ago:

https://news.ycombinator.com/item?id=48504361

Anyway, the answer to the question: 'Nerds', like any cultural grouping, are a product of their environment. The United States of today has developed much higher inequality, debt burdens, rent demands, maintenance cost demands and trade deficits than the same environment had in the past, largely due to the Fed policies of the 21st century, with some help in worsening things by all administrations.