Odd Lots: The Economy Is Stagnant and Old People Are Partly to Blame

Can we avoid intergenerational conflict?
Photographer: Christopher Furlong/Getty Images
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Source: Bloomberg

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Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

In developed economies, younger generations have faced stagnant wages, mediocre employment prospects, and dizzying costs of homeownership. One culprit: The generations that came before.

Policies that helped older generations receive strong pensions and affordable housing have made life more difficult for the young.

In this week's Odd Lots podcast we talked to Laura Gardiner of the Resolution Foundation about her new report on "renewing the generational contract" between generations. We discuss policies that would be mutually beneficial to people of all ages and help get the economy growing again. 

 

 

 

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