A Demographic Disaster

Hoping to increase the size of a future labor force that will support its aging population, Italy scheduled and then canceled a fertility day.

Weekly Roundup: From Savers to Shoppers

This week’s economic news summary includes sales tax debates,municipal revenue, stock markets and politics, Uber’s externalities, and productivity problems.

The Mystery of the Missing Gasoline Savings

Based on geography and demography, the impact of plunging gasoline prices varies but it is likely that we are spending 80% of it according to JP Morgan.

Do You Live in a Popular State?

Listening to Bloomberg news the other morning, I heard that Atlas Van Lines just came out with their annual migration study. The radio report said New Jersey had the most departures while Oregon had the arrivals. (No, people from NJ…

Who Will Live to 100?

A middle class girl born in the US today has a 50/50 chance of reaching 100 years old. A guess, yes. But the prediction reflects what Princeton economist Angus Deaton says is rather likely. Looking back at the steady increase…

Population Pyramids

These graphics are wonderful! Shaped sort of like a triangle because the elderly population is so small, this population pyramid for Egypt illustrates a youth bulge of men and women who are 15 to 29. The “bulge” represents 28% of…

Aging Trends

Baseball’s MVPs are typically younger than 30 and rarely over 35. Office workers and salespeople tend to be most productive in their early to mid-40s. Most Nobel prize winners in physics and chemistry did their innovative work before they were…