Martha Bicket, a postgraduate student at Imperial College London, asks, when it comes to discount rates, how low can we go?
Angus Hanton explains why the UK needs to start looking at its assets and liabilities from an intergenerational perspective
David Kingman argues that current assessments for spending on the aged as a percentage of GDP are flawed, and unfair to future generations. The cost of future liabilities is often expressed as a percentage of Gross Domestic Product (GDP), i.e. how much of the country’s economic output they are projected to be worth. However, this… Read more »
Angus Hanton looks at the pros and cons of rising inflation, and its effects on interest rates Inflation is now running at about 5% pa, with interest rates standing at below 1%. The result is that, when you take account of inflation, real interest rates are negative, so that savers are seeing their savings reduced… Read more »
Sam Desborough explains why he was gripped by Jilted Generation, and why he thinks it should be required reading for fellow students The blurb for Jilted Generation describes it as a work of ‘irresistible polemical energy’ and this proves to be a most apt summary of Ed Howker and Shiv Malik’s writing.
Angus Hanton looks at the proposals for meeting the gaping liabilities in public-service pensions In the UK we are saving too little, according to the experts such as Martin Weale of the Bank of England. This ties up with personal observations: people expect to live longer, they expect to spend more, and they retire at… Read more »
Antony Mason notes that the intergenerational debate is hotting up in Italy, and asks if Italians have even greater reasons to be worried Last Sunday (22 May) the respected Italian TV programme Report (the equivalent the UK’s Panorama) broadcast an investigation on Rai 3 entitled Generazione a Perdere, making a convincing case that Italy’s young… Read more »