Most of my work to date has dealt with what most people would consider sad things; things we’d rather not think about. Generally, I study health and societal problems that primarily impact older adults. Chronic disease, disablement, dementia, and death are not easy topics of conversation. However, I find them tremendously important to write about,…
Tag: family
Wealth Flows and Population Aging
So what exactly causes the flow of wealth to reverse? Children have not somehow suddenly become expensive, unproductive creatures. What has changed is that their parents have lost control over that productivity. Contemporary market economies have systematically dismantled all legal and customary direct obligations that children once had towards their parents, a dismantling that is still going on in some parts of the world.