I've been intending to start this thread for a while but I'm prompted to do so today by a review of the book "the Price of Prosperity" by Todd G, Bucholz, a former White House director of economic policy under President George HW Bush.
He spells out some big challenges for the Western World and makes a number of very interesting points.
Falling birthrates euphemistically called "an ageing population." 2.1 is the replacement rate and in the US the birth rate is 1.89 though only 1.6 for graduate mothers. In Italy it is 1.39.
Red tape. In Arizona a hair stylist must have "1600 hours of classroom instruction" before practicing. Policemen need on 600.
In Japan more nappies are sold to adults than to babies.
I'm not seeking to make judgements or draw conclusions on the book but I just found the above things worth knowing.
He spells out some big challenges for the Western World and makes a number of very interesting points.
Falling birthrates euphemistically called "an ageing population." 2.1 is the replacement rate and in the US the birth rate is 1.89 though only 1.6 for graduate mothers. In Italy it is 1.39.
Red tape. In Arizona a hair stylist must have "1600 hours of classroom instruction" before practicing. Policemen need on 600.
In Japan more nappies are sold to adults than to babies.
I'm not seeking to make judgements or draw conclusions on the book but I just found the above things worth knowing.