) Causes and consequences of population characteristics, in blog form
Wednesday, October 16, 2013
Well, that's a strong way of putting it, but maybe sometimes it pays to be flashy. Today in the NYT,
Tom Friedman discusses his friend Stanley Druckenmiller
and his recent rather strongly entitled
presentation at NYU
about U.S. entitlement spending and intergenerational transfers. It's good to see a blunt discussion of this, especially with the added focus on poverty among the young compared to that among the elderly, although that focus is not new.
Sam Preston pointed it out in the early 1980s