Ben Bernanke and the Coming Demographic Transition

by Edward HughBen Bernanke's speech yesterday should prove interesting for all readers of Demography Matters. The speech is interesting not so much for his views on the US social security system as such, but for the way he conceptualises the problem. This IMHO is a huge step forward. We are in the midst of an ongoing demographic transition. Here are some extracts:The Coming Demographic