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Demographics

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The Lemmings

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This analysis and my own thinking on the correlation between demographics, technology, prices and their manifestation in human societies owes an inestimable debt to the work of David Hackett Fischer and his outstanding work in “The Great Wave: Price Revolutions and the Rhythm of History” (Oxford University Press, 11 November 1999). Most of the first […]

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Spain’s Demographic Woes

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April was an unusually rough month for Spain in the news. On Monday, Eurostat published the official statistics for public debt in the Eurozone and Spain topped the list with a deficit of 10.6% of GDP. On the same day, the Madrid government revised its 2013 estimate for growth sharply downwards from -0.5% to -1.5%, in line […]

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“Our obligations to our country never cease but with our lives.“

John Adams

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