Heir tight: why boomers are so stingy
The Intelligence from The Economist
The Economist
4.6 • 3.6K Ratings
🗓️ 18 June 2024
⏱️ 25 minutes
🔗️ Recording | iTunes | RSS
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Summary
The post-war generation reaped the benefits of peace and prosperity. Yet rather than spend that bounty, retired boomers are hoarding their riches–and upending economists’ expectations. The science of menstruation is baffling, partly because most animals don’t do it. Now clever innovations may help improve women’s health (9:13). And how old-fashioned wind-power is blowing new life into the shipping industry–and cutting its emissions (16:13).
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Transcript
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| 0:00.0 | BP is working to bring more lower carbon energy to the UK, like designing two hydrogen plants, |
| 0:06.2 | and we're keeping oil and gas flowing from the North Sea. It's and not all. That's how BP is backing Britain. |
| 0:13.0 | While today we're mostly in oil and gas we increased the proportion of our |
| 0:16.8 | global annual investment that went into our lower carbon and other |
| 0:19.8 | transition businesses from around 3% in 2019 to around 23% in 2023. |
| 0:26.4 | VP.com slash and not all. |
| 0:29.6 | The Intelligence is sponsored by PWC. For businesses, staying ahead of disruption is a challenge. But PWC can help you transform. They take a human-led tech-powered approach to transformation. |
| 0:45.2 | That means combining all their deep industry expertise with the skills of 5,000 UK |
| 0:50.2 | technologists and 15,000 UK staff all set up with Gen AI skills and tools. |
| 0:56.3 | Find out how PWC can help you be transformative at PWC. |
| 1:01.3 | Coda 2K. |
| 1:07.0 | The Economist. |
| 1:15.0 | Hello and welcome'm Jason Palmer. Every weekday we provide a fresh perspective on the events shaping your world. |
| 1:24.0 | Did you know that most animals don't have periods? |
| 1:31.0 | Our correspondent discusses how to make a mouse menstruate and other |
| 1:35.2 | amazing innovations that could help us better understand and improve women's |
| 1:39.5 | health. |
| 1:40.5 | And it turns out that the shipping industry is just as polluting as aviation is. |
| 1:47.0 | The solutions to make flying greener are ever higher tech. |
| 1:51.0 | But at sea, one idea is to go low tech, to wind power, but not with the big clipper |
| 1:57.0 | ship sales you might imagine. First up though, though. In a lot of ways you could say that baby boomers have ended up as one of history's luckiest generations. |
| 2:24.0 | Most people born between 1946 and 1964 haven't fought in a war. |
... |
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