E97: Aging Populations & Their Global Consequences: Interview w/ Charles Goodhart

from El Podcast · host Charles Goodhart, Jesse Wright, El Podcast, El Podcast Media

Renowned economist Charles Goodhart joins the podcast to explore how aging populations, falling birthrates, and shifting global labor dynamics are reshaping the future of economies, politics, and social care.Guest Bio: Charles Goodhart is a British economist and former Bank of England advisor, widely recognized for his work on monetary policy and demography. He is emeritus professor at the London School of Economics and co-author of The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival.Topics Discussed:The "great demographic reversal" and its global economic impactWhy dementia and elder care pose major social and fiscal challengesDeclining fertility rates across Asia, the U.S., and EuropeThe limits of automation in aging societiesPolitical risks of reforming retirement and tax systemsLessons—and limits—of the Japanese modelThe uncertain potential of Africa as the next global labor engineWhat a post-growth economy might look likeHousing demand trends amid an aging populationSocial media’s impact on young people and public discoursePersonal reflections on aging, family, and historical change 📺Watch the full episode on YouTube➡️https://youtu.be/cLBi-hw8bYI 🎙 The Pod is hosted by Jesse Wright💬 For guest suggestions, questions, or media inquiries, reach out at https://elpodcast.media/📬 Never miss an episode – subscribe and follow wherever you get your podcasts.⭐️ If you enjoyed this episode, please rate and review the show. It helps others find us. Thanks for listening!

What this episode covers

In this insightful episode, British economist Charles Goodhart, renowned for his expertise in central banking and monetary policy, discusses his latest book 'The Great Demographic Reversal.' Goodhart explores how significant demographic changes, such as aging societies and declining fertility rates, are impacting the global economy. He delves into the economic and social implications of a shrinking workforce, the increasing need for elderly care, and the potential role of radical changes in public finance and immigration policies. Goodhart also contrasts the demographic strategies and outcomes between different regions, particularly Asia and Africa, and reflects on the future challenges and opportunities for global economies. Key themes include the importance of health in aging populations, the political difficulties of raising retirement ages and taxes, and the critical role of technological innovation.

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E97: Aging Populations & Their Global Consequences: Interview w/ Charles Goodhart

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This episode is 54 minutes long.

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This episode was published on September 18, 2024.

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