Martin Wolf speaks to Andrew J Scott: Can societies age gracefully?

马丁·沃尔夫与安德鲁·J·斯科特对话:社会能否优雅地老龄化?

The Economics Show

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2025-01-13

33 分钟
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Increasingly elderly populations seen in countries such as Japan and Italy are set to become the norm everywhere in the coming decades. But will a more senior demographic make the cost of state pensions and healthcare unaffordable? And will it kill economic growth? Not necessarily so, according to today’s guest, Andrew J Scott, director of economics at the Ellison Institute of Technology Oxford. He believes that the rapidly growing cohort of over-65s is something to celebrate. But he also warns that we need to radically rethink many of the policies that delivered this widespread longevity in the first place.   Martin Wolf is chief economics commentator at the Financial Times. You can find his column here Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Two of the most important things in my life are my wife and my job here at the FT.

  • At the age of 78, I am grateful that I still enjoy both,

  • though needless to say, my beloved wife is far the more important.

  • But this also means that I embody the subject of today's episode.

  • The populations of rich developed countries,

  • such as the UK and and not just rich developed countries,

  • are living longer and getting older, but they are also, by and large, aging more healthily.

  • That interplay between increasing lifespans and increasing health spans

  • has been the central focus of the work of my guest this week.

  • This is the Economics Show.

  • I'm Martin Wolff, and in this episode I'm speaking to Andrew Scott,

  • professor of Economics at the London Business School.

  • He is, among other things, the author of a remarkable book entitled the Longevity Imperative,

  • which was the subject of a column by me published on 13th May 2024.

  • Andrew, welcome to the show.

  • Pleasure to be here, Martin.

  • Thank you.

  • So let's start by talking about the difference between chronological and physiological aging

  • and explain this to us.

  • And perhaps you can bring in these wonderful images.