Volume 46, Number 8 · May 6, 1999

On Golden Pond

By Robert M. Solow
Gray Dawn: How the Coming Age Wave Will Transform America—and the World
by Peter G. Peterson

Times Books, 280 pp., $23.00

The population of the US is getting older on the average. Why? Because families are having fewer children, people are living longer (and retiring earlier), and because the roughly twenty-year-long bulge of births that we call the baby boom has reached the fifth of Shakespeare's seven stages and will soon arrive at the lean and slipper'd pantaloon. Much the same is true of other rich countries; the aging of the population is happening sooner and more suddenly in Japan and more gradually in Europe.



Review, 4131 words

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