December 28, 2005

Economics and demography

Getting Older, Or Getting Younger?

by Edward Hugh

Warren Sanderson & Sergei Scherbov had a very interesting article in Nature earlier this year (you can find the full article reproduced here on page 5). The article title really tells the story in itself: average remaining lifetimes can increase as human populations age. Put differently, we may be facing the interesting [...]

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May 27, 2005

Economics and demography

Falling rate of Intelligence?

by Edward Hugh

Conventional marxist theory used to argue that capitalism was doomed to regular and deepening crisis due to the impact of a phenomen known as ‘the falling rate of profit’. Basically the idea runs as follows: since on the marxist view labour is the only source of genuine wealth creation, and capital accumulation means that the [...]

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