The Upside To An Aging Population

Wednesday, September 24, 2014 - 16:00 in Health & Medicine

In the developed world, people are having fewer children and living longer and that has led to a population that is older than in the past. On average, life expectancy in developed countries has risen at a pace of three months per year, and fertility has fallen below replacement rate in the majority of Europe and some other developed countries. Most academic discussion of this trend has so far focused on potential problems - when social security was young there were over 20 workers per retiree and now there are 3 - and that is without the entire Baby Boom being retired and incurring healthcare costs. read more

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