Pensions Nightmare after 1999 |
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| Authors: | Norman Barry |
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| Institution: | Norman Barry 1s Professor of Pohtlcal Theory at the University of Buckmgham formerly Senior Lecturer m Government at Birmingham Polytechnic, 1972–82 Author of Hayeks Social and EconomJc PhJlosophy and An IntroductJon to Modem Political Theory |
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| Abstract: | Economists have long argued that the current state method of financing old-age pensions is a time-bomb that may blow up in the lap of future generations. Professor Norman Barry (right), of the University of Buckingham, welcomes the proposals in the Green Paper on welfare but argues that government must act much more rapidly to avoid burdening future Britons with the enormous dimensions of the pensions of the debt the American Government is building up fonts coming citizens. |
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