The social, political and economic future of the European welfare states / by Bent Greve -- A tale of two pensions reforms : a Sraffian view / by Sergio Cesaratto -- Is there a demographic time-bomb? / by Bent Greve -- A market imitating employment subsidy / by Ralph S. Musgrave -- Pauperising...

Individuals aged 65 years and older currently make up a larger share of the population than ever before, and this group is predicted to continue growing both in absolute terms and relative to the rest of the population. This chapter begins by introducing the facts, figures, and forecasts...