To mark the publication today of Bigger Government: The Future of Government Expenditure in Advanced Economies, I am releasing a two episode podcast. The podcast is can be heard by clicking on this link, or may be heard on any of the main podcast directories (Apple Podcasts, Spotify, Castbox, Stitcher, Listen Notes etc).
Episode 1 outlines the main themes of the book, and then looks in detail at the future of health spending. Increased health spending will be the most important element of the projected spending increases of 7 percent or more of GDP up to 2050.
Episode 2 looks at the other main areas of spending pressure (global warming, long-term care and infrastructure). It then talks about the tough budget choices facing government. It outlines why, in this context, there is no money to finance fads like a universal basic income – something for which there is, in any event, no need.