“Future taxpayers will be paying a higher share of their incomes to their governments for a lower entitlement to services and benefits from their governments.” Diane Coyle, The Economics of Enough
“All economies lack the kinds of statistics needed to ensure that policies take due account of their legacy for future generations.” Diane Coyle, The Economics of Enough
Angus Hanton argues that using “natural wastage” as a policy for staff reduction has a negative impact on youth employment A classic insider/outsider problem arises when a firm or government department needs to sack people. Okay, “sacking” is too brutal – they need to “reduce headcount” or even to “re-engineer the workforce”.
Antony Mason looks at why the long-term care of the elderly is now causing serious concern Not one, not two, not three but FOUR major news items this past week have drawn attention to the impending crisis in the long-term care of the elderly.
Antony Mason foresees chaos in the UK university system With the current summer round of AS and A level exams in full swing, the university entry year beginning September/October 2012 now appears clearly on the horizon. And there is every reason to fear that the university system as we know it is on the verge… 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 »
“By 2050, Britain will have to spend £80 billion per year above what it does now on pensions, long-term elderly care and the NHS.” OECD, 23 May 2011
“The cost of Britain’s ageing population will be 10 times more expensive than the financial crisis.” OECD, 23 May 2011
Liz Emerson follows a recent report on the crisis in burial grounds to its logical intergenerational conclusion Janice Turner wrote an interesting article in the Saturday Times this past weekend (21 May 2011) on another battle between the generations – this time between the living and the dead.
Liz Emerson asks who will pay for the growing burden of an ageing population The Organisation for Economic Co-operation and Development announced last week (18 May 2011) that the cost of caring for the elderly could treble by 2050. The body, which represents the most industrialised nations, estimates that 10% of people in OECD countries… Read more »