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Have the Boomers Pinched Their Children’s Futures? - with Lord David Willetts

The Royal Institution · lecture · Watch on YouTube

What it is

Lord David Willetts argues at the Royal Institution that the post-war baby boomers gained wealth and security at the expense of younger generations. He draws on his book The Pinch, covering housing, wealth and social policy in the UK.

Why Hacker News recommends it

HN commenters point to it as a clear exposition of intergenerational unfairness in housing and wages, especially from a UK angle.

  • 3 people recommended it
  • 3 different months
  • 1 strong recommendations
  • first 2021, last 2024

What HN commenters said

  1. “One of the best expositions of the problem I've seen is this talk”

    Boomer peer's exposition of the intergenerational fairness problem.

    nickcox, 2021-06 · Strong recommendation · in “Ever-increasing home values are a Ponzi scheme”

  2. “I think a good explanation of the phenomenon is detailed here”

    UK-focused talk on stagnant labor rewards and housing.

    marcyb5st, 2022-07 · Recommendation · in “A brief history of nobody wants to work anymore”

  3. “You might find this video interesting from a UK perspective”

    UK perspective comparing boomers with other generations.

    zbuf, 2022-08 · Recommendation · in “Gen Z have 86% less purchasing power compared to baby boomers in their twenties”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: baby boomers, housing, wealth inequality, uk economy, social policy

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