Public Policy’s Senior Moment

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Many are concerned that rapidly aging populations will increasingly strain health, welfare, and social-insurance systems in the coming decades. But, while these fears are not entirely unfounded, they exaggerate the trend’s scale, speed, and impact, owing to fundamental misperceptions about how populations "age."

EDINBURGH – A century ago, children outnumbered the elderly by as much as ten to one in most European countries. Today, there are as many people over the age of 65 as there are under the age of 16. In the United Kingdom, roughly one in six people is 65 or older, compared to one in eight Americans, and one in four Japanese.

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