Angus Hanton shows how the cake analogy is a useful way of seeing the difficulties of apportioning the burden of intergenerational legacies, such as carbon emissions
Category: Taxation
Cashflow mentality exposes government short-termism
Angus Hanton points to the negative intergenerational implications in four key areas of government policy
Private pensions and the hoarding of housing: A vicious circle
David Kingman explores the interaction between poor returns on private pensions and intergenerational unfairness in the housing market
Pensions and intergenerational justice: who cares?
Angus Hanton explores why so few of the younger generation are prepared to invest sensibly in their old age
How much are we willing to sacrifice for the future?
Martha Bicket, a postgraduate student at Imperial College London, asks, when it comes to discount rates, how low can we go?
The light taxation of wealthy pensioners
Angus Hanton argues that tax changes could ease the burden of meeting increasing costs as the population ages
Intergenerational Accounting in the UK
Angus Hanton explains why the UK needs to start looking at its assets and liabilities from an intergenerational perspective
Calculating the cost: the consequences of excessive optimism in projections of economic growth
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 »
Are defence cuts an intergenerational issue?
David Kingman asks whether Britain will have to cut into its defence budget as the population ages – and would this be fair on future generations?
Inflation and its intergenerational impact
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 »