Over time, the welfare state has become dysfunctional in a...

Over time, the welfare state has become dysfunctional in a surprising way. But in a way it became a victim of its own success: It became so successful at prolonging life, that it becomes financially unsustainable, unless you make major changes to things like retirement ages.

Niall Ferguson Quote About Became, Becomes, Changes, Life, Major: Over Time The Welfare State...

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