September 21, 2006

Economics and demography

Greg Mankiw Wakes Up: Demography Does Matter

by Edward Hugh

I recently berated Greg Mankiw (and the top ten world economists he pretends top cite) for the folly of suggesting that fertility rates don’t matter to economists. Well today Mankiw seems to be having (an implicit) rethink. Dependency ratios, it seems, do matter.
Now since dependency ratios are really a function of three factors - fertility, [...]

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September 4, 2006

Economics and demography

A Face That Launched A Thousand Ships

by Edward Hugh

An unlikely Helen, Spain’s deputy prime minister, Maria Teresa Fernandez de la Vega, that’s for sure. Yet outside a few thousand years difference in timing the two seem to have been cut out for one and the same the same historical role: urging the boats to go back. Indeed the only thing which really separates [...]

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