Idrees Kahloon has just published an insightful piece on ageing in the Atlantic, entitled “A Fine Country for Old Men: Geriatric Americans are hoarding wealth and power”, in which he also cites some of my work:
“According to Tim Vlandas, an Oxford political economist, advanced democracies around the world are reaching the point of “gerontonomia”—his term for a stagnating political economy set up to prioritize elderly citizens. These citizens punish their elected governments for inflation, which lessens the value of savings and pension payments. They are much more tolerant of unemployment, because they no longer work; slow growth, because their wealth has already accumulated; and high public debt, because their descendants will pay it. The result, Vlandas argues, is lower wage growth for those still working, and also worse outcomes for their children, as a result of lower social investment over the course of their lives.”
Continue reading “The Atlantic cites my research on ageing”
Tim Vlandas 