There's no need to be concerned
about an older working population, wealth will still be created, says
James Sproule
Economists have long had the reputation of, on the one hand,
prevaricating, and on the other, of not being terribly accurate even
when they do venture to try and predict the future. Forecasting is
so difficult because it tries to predict human actions. I will avoid
guessing what people might or might not do, and instead concentrate
on something a bit more certain: demographics.
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