Austan Goolsbee Quotes

Our population is headed for a stable plateau, which means an aging population.

Most people understand life expectancy has changed since Social Security started in 1937 when folks lived to be 59 years old. Today, they live to be 77 years old.

The UK has a poor investment record. According to IMF data, we have come seventh out of the top seven industrialised countries since 1999.

Japan actually is an aging population, and so as the population has aged, they have had a lot more problems with health.

The changes taking place in the age structure of the countries around the world are stunning.

The biggest drag on global growth in the coming decade will be demographics in the developed world.

Relative to other economies in the world, India has a good feel to it.

This is a very difficult question. If you take a look at the aging population and demographics, we are going to have a big increase in the number of health care jobs needed in the state and in the country.

The aging and declining population will have far-reaching impacts. Declining fertility rates will possibly increase immigration. The structure of family and society will inevitably change.

Demography is changing us as we are older societies, we're living longer. How the generations balance each other out, how that affects education and health care.

People over 100 are the fastest-growing group in America. People soon will be working 'til 100 - some because they have to - and living 'til 125 or even 135. What do I know, I'm just a weatherman, but I've made a hobby of studying this, and it's phenomenal.

If there are healthy - and growing - numbers of people working and paying taxes, we are better able to pay the costs of people living longer.

By the year 2020, the year of perfect vision, the old will outnumber the young.

If lifespan jumps by 30 or 40 years, that has enormous implications.

The baby boom is about to become a patient boom.

Every industry is going to be affected (by the aging population). This creates tremendous opportunities and tremendous challenges.

The reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes.

Many developing countries are enjoying demographic changes. They have a younger demographic composition so they're not burdened by legacy policy. Now, if you combine this with a good macro policy and ambitious structural policy, those countries are able to move more flexibly and be more agile.

We have so many people retiring that we do not have enough people paying into the system to be able to provide the benefits for those collecting those benefits.

Demography, not democracy, will be the most critical factor for security and growth in the 21st century. Booming populations are a drag on developing countries, and low fertility rates are sapping growth in developed societies.

Tythes [tax revenues] increase within any territory as the labor of that country increases, and labor does, or ought to, increase as the people do.

Demography drives the economy.

I don't feel that 40 is anything these days. Our life expectancy is so much greater that maybe 50 is the new 40.

Europe's demography is developing towards a smaller working population in an ageing society.

Toronto is a world-class city. You don't have a debate here about immigration because you need it to just maintain your pensions: that's dependent on people coming in to fund that. And again, I don't want to be controversial, but I think the average education level in Canada is probably higher than in the United States.