Marc Robinson talks about the main themes of his new book "Bigger Government: The Future of Government Expenditure in Advanced Economies." Government spending is set to grow everywhere due to the pressures of health care, global warming, population aging and infrastructure deficits.
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Governments will have to spend substantially in coming years on the climate change crisis, long-term care, and infrastructure. This will be true irrespective of which parties are in power. Overall, the spending pressure will be huge. The pressure to make offsetting spending cuts in other areas will be great, but ...
Government spending will increase everywhere over coming decades, for three key reasons. Healthcare spending will be the number one area impacted. Surprisingly, this won't have much to do with the coronavirus pandemic. In this first episode, Marc outlines the main themes of his book Bigger Government: The Future of Government Expenditure ...