The extension of human life expectancy is a great blessing. But, together with declining fertility rates, it creates no less big challenges. In this wide–ranging and well–informed book, George Magnus analyzes what needs to be done to lift the burdens created by aging populations. –Martin Wolf, Chief Economics Commentator, Financial Times It is a commonplace that, as the population of the developed world ages, there will be all kinds of profound changes in the way the world works. No one to date, however, has sat down and tried to think harder about the ramifications of increased life expectancy and smaller family size than George Magnus. Bringing to the subject decades of work as one of the City’s best respected economists, Magnus shows himself here to be more than just a shrewd analyst of social and economic trends. He writes with clarity and panache, and leaves the reader feeling almost sorry for the "Boomerangst” generation that is fated to support the prolonged...

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