The most practical man of business is usually the slave of a defunct economist, John Maynard Keynes observed seventy-five years ago, in reference to the theories he proposed to overthrow; and this judgment applies with force to his continuing grip on the minds of the worlds policy makers. . . . . Continue Reading »
The destinies of the aging but affluent people of the West and the young but impoverished people of the Global South are joined”and joined by a very simple economic fact: The old tend to have savings, while the young tend to have energy. To fund their retirements, old people must find young . . . . Continue Reading »
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