Edited by Teresa Ghilarducci
“There is nothing like this book. I am sure it will produce as many questions as it answers, as a serious teacher always does. I welcome the ordinary citizen to this debate.” from the Introduction
With the aid of her Economics of Aging class, Teresa Ghilarducci has compiled this comprehensive sourcebook as a guide for politicians, economists, journalists, students, and ordinary Americans through the maze of Social Security and the economics of growing old in America.
What You Need to Know About the Economics of Growing Old (But Were Afraid to Ask) is divided into five sections. The first section addresses the status of the elderly and explores such issues as the average life expectancy and the number of elderly living in poverty. The second deals with the structure of the Social Security system and its disbursements of benefits. The third traces the economic path to old age. The fourth considers changing social norms, including the increase in the number of women in the workforce. The final section looks at what happens when the elderly work for pay.
This book will be valuable from the classroom to the halls of Congress. Simply put, it contains information everyone should know.
“. . . a must-read for anyone seriously concerned about both short term and large-scale economic issues affecting the elderly.” — Midwest Book Review