Articles

3 December 2010

A new generational compact, Progress

Care for the young and old will be the next great chapter in the story of the welfare state. Labour should seize the chance to write it, write Gavin Kelly and Nick Pearce.

One of the best books written by a politician in recent years is David Willetts' The Pinch. In it Willetts documents, with great clarity and rich empirical evidence, how the baby boomer generation has been pinching too big a share of the nation's wealth, enjoying rising house prices and generous pensions while failing to invest in the future for their children and grandchildren.

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