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What Do Population Trends Mean for the Economy?
Jason Hartman and Dr. Mark Hayward, the University of Texas at Austin liberal arts professor of sociology, discuss population, what it means for our economy, culture and population. Dr. Hayward is also a faculty research associate of the Population Research Center and director of the Population Health Initiative at the University of Texas at Austin.
0:00 Introduction
1:34 There's some tension between population, technology, consumption and production. But there will be adjustments made in population sizes, population composition but there'll be solutions for these changes.
3:43 Population policies have allowed America to stay economically healthy
6:23 Jason and Dr. Hayward discuss macro factors that affect life expectancy.
7:53 There is a correlation between government policies and how people behave
15:04 Jason and Dr. Hayward discuss what's going to happen to the retirement age, education and our future
20:00 When deindustrialization happens, prime-aged workers are reluctant to take advantage of retraining programs
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