The fiscal challenges that Japan’s shrinking population has created come from a shrinking birth rate and an aging population.
Hoping to increase the size of a future labor force that will support its aging population, Italy scheduled and then canceled a fertility day.
This week’s economic news summary included price and the neurology of shopping, time and globalization, stock market history and the Brazilian gender gap.
Our everyday economics includes BRICs & MINTs, supply, monopoly, tradeoffs, economic consensus, innovation, property rights, redistribution, fertility rate.
Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.
Just remember 4-2-1-whenever you think of Chinese demographics. 4 refers to 2 grandmas and 2 grandpas, 2 is their adult children and 1 is the next generation. The social fabric of China is shifting. In rural areas, the elderly population…