Friday, June 6, 2025

The Longevity Dividend


Martin Wolf speaks to Andrew J Scott: Can societies age gracefully?
https://www.ft.com/content/8ce0571d-06f0-40de-8579-4446d1fb07f3
How should countries prepare for increasingly elderly populations?
 
Increased longevity will bring profound social change
https://www.ft.com/content/a8f33209-3507-4364-98be-61b3bb464fbb
People will have to work longer and pension systems will need to be transformed.
 

On the Limits of Chronological Age
https://www.nber.org/papers/w33124
Abstract:
Analysis of population aging is typically framed in terms of chronological age. However, chronological age itself is not necessarily deeply informative about the aging process. This paper reviews literature and conducts empirical analyses aimed at investigating whether chronological age is a reliable proxy for physiological functioning when used in models of economic behavior and outcomes. We show that chronological age is an unreliable proxy for physiological functioning due to appreciable differences in how aging unfolds across people, health domains, and over time. We further demonstrate that chronological age either fails to predict economic variables when used in lieu of physiological functioning, or that it predicts additional effects on economic behavior and outcomes that are largely unrelated to physiological aging. Continued reliance on chronological age as a proxy for physiological functioning might impede the ability of societies to fully harness the benefits of increasing longevity.

Have We Reached Peak Human Life Span?
https://www.nytimes.com/2024/10/07/well/live/average-human-life-span.html
After decades of rising life expectancy, the increases appear to be slowing. A new study calls into question how long even the healthiest of populations can live. 

An interesting 2015 WSJ essay by DAN BUETTNER:

Want Great Longevity and Health? It Takes a Village

He notes:
“What we found in Sardinia is similar in other blue zones. None of the spry centenarians I’ve met over the years said to themselves at age 50, “I’m going get on that longevity diet and live another 50 years!” None of them bought a treadmill, joined a gym or answered a late-night ad for a supplement.
Instead, they lived in cultures that made the right decisions for them. They lived in places where fresh vegetables were cheap and accessible. Their kitchens were set up so that making healthy food was quick and easy. Almost every trip to the store, a friend’s house, work or school occasioned a walk. Their houses didn’t have mechanized conveniences to do house work, kitchen work or yard work; they did it by hand.”