Sunday, January 27, 2013

The goal of a macroeconomic system is?

Maximizing social welfare?  What is that?  A little fight over the plight of the middle class took place this week in the blogosphere. One piece of it connected social welfare to life expectancy.  (see here)



Life expectancy in the US has changed dramatically for both men and women. But for some, it has fallen quite a bit.


1 comment:

  1. This article is very interesting. However, it could lead to many financial problems in the future such as healthcare and social security. For now, I'm happy that I'm in the group with a rising expectancy and not declining.

    ReplyDelete