Healthcare spending as a proportion of GDP has almost doubled since 1990, from just over 5 per cent to almost … Continue reading “The case for a prefunded healthcare system”

Most Western countries today offer extensive pension and healthcare entitlements which are predicated on inter-generational transfers: those of working age … Continue reading “The case for an Office for Intergenerational Responsibility”

Throughout the summer and autumn of 2016, mass protests erupted all over Chile. Hundreds of thousands of people took to … Continue reading “In defence of Chile’s privatised pension system”

It is difficult to exaggerate the scale of the population crisis in the West. In previous times in economic history, … Continue reading “The West’s demographic crisis”

This article is based on a presentation Prof Booth gave at the Autumn University of the Alliance of European Conservatives … Continue reading “Europe’s demographic timebomb”

Most developed countries have set up systems of welfare that depend on population growth to sustain them. Unfortunately, we are … Continue reading “Double trouble – how the population crisis will bring about an economic crisis”

Do you remember the time when healthcare professionals used to argue that the NHS was adequately funded, and that further … Continue reading “Why the NHS needs old-age reserves: The case for a prefunded healthcare system”

Individual healthcare costs are generally unpredictable. We cannot know whether we will need healthcare treatment next year, what kind of … Continue reading “Prefunded healthcare: sensible, but rare”