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Philip Booth
29 June 2009
6 comments

Following on from Richard Wellings’ post on the welfare state and saving, perhaps I can comment on the welfare state and babies. Pay-as-you-go pensions systems rely on children to make...
John Meadowcroft
3 March 2009
2 comments

Irrespective of the moral rights and wrongs of the former Royal Bank of Scotland chief Sir Fred Goodwin’s pension entitlement, the widely reported comment by the Deputy Leader of the Labour Party,...
Nick Silver
21 January 2009
12 comments

The Financial Times’ chief economics commentator, Martin Wolf, has put forward a convincing explanation for the ultimate cause of the current financial crisis. To briefly summarise, some...
Kristian Niemietz
20 January 2009
8 comments

In a recent IEA discussion paper, Nick Silver argues that official figures display less than a fifth of the UK’s actual public debt. This is because pension entitlements constitute debt in all...
Nick Silver
12 January 2009
6 comments

I argued in a previous blog article that an ageing population is not necessarily problematic provided pay-as-you-go (PAYG) pension systems are scaled back. However, there is always an...
Nick Silver
5 December 2008
2 comments

There is a general perception that the ageing population of developed countries will lead to some kind of crisis or demographic “time bomb”. The new IEA monograph Pension Provision:...
Kristian Niemietz
21 October 2008
10 comments

Today, the government of Argentina will announce the annulment of the country’s private pension system introduced in 1994. The savings funds of 12 million workers will be nationalised. With...