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The Financial Problems of the Elderly: A Holistic View

In: Health Economics and Policy Selected Writings by Victor Fuchs

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  • VICTOR R. FUCHS

Abstract

“Grow old along with me! The best is yet to be,” wrote Robert Browning in his poem Rabbi Ben Ezra. A century later, Robert Butler, a former director of the National Institute of Aging, took a more dismal view of aging, epitomized in the title of his book Why Survive? Being Old in America (1975). Why the change in perspective? One possible reason is that an elderly person was a rarity in Browning’s time; as the twentieth century drew to a close, however, mortality tables showed that three out of four Americans would reach the biblical “three score and ten.” Just being old no longer carries any special distinction…

Suggested Citation

  • Victor R. Fuchs, 2018. "The Financial Problems of the Elderly: A Holistic View," World Scientific Book Chapters, in: Health Economics and Policy Selected Writings by Victor Fuchs, chapter 35, pages 445-455, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813232877_0035
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    Keywords

    Health; Medical Care; Health Policy; Economics; Health Care Reform; Health Insurance;
    All these keywords.

    JEL classification:

    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development

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