Review of Intergenerational Theft

[Heller Latoya]

[Following is a volunteer review of "Intergenerational Theft" by Daniel Harrison.]

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5 out of 5 stars

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'Intergenerational Theft' by Daniel Harrison explains how the trillion pounds spent by the UK government in formulating biased policy made the Baby Boomers rich at the expense of Generation X, Generation Y, Generation Z, and future generations.

The book gives extensive research and information on the concept of intergenerational theft, how it evolved, how actions and inactions of individuals affect it, how governmental policies affect it, the characteristics of each generation, and how it affects it, and offers reasonable solutions to them. According to the author, the baby boomers have contributed significantly to the increased housing prices and have been selfish all through and now depend on the tax of the other generation for sustenance. The author wrote the book with much of its statistics based on the UK and used the facts stated in multiple published reports to solidify his theory. The author categorically explained the economic situation with a focus on the UK, explaining the increasing inflation and what he called extortion because the housing price has been inflated, and even after paying mortgage fees, you are still made to pay outrageous land rent throughout the period you live in the property.

Jeremy Paxman and Lord David Willetts, two knowledgeable, learned individuals who are part of the Baby Boomers, explained that Baby Boomers are very selfish and have consistently increased the price of housing and reduced living standards. There are detailed discussions of the economic challenges and similar issues. You can get a copy and read it to understand these studies and discussions broadly.

'Intergenerational Theft' is an exceptional economic book. The messages in the book are very detailed and insightful. I like the book because of the quality of research by the author. I do not find anything to dislike about the book. The title of the book is a positive aspect of the book. There are no negative aspects to the book. The editing is perfect. I rate the book a solid 5 out of 5 stars. Every adult will benefit significantly from the book.

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Intergenerational Theft
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[Peter Elizabeth 1]

This review is insightful and also expository. It explains the economic view and financial growth and struggles in the book. The review is detailed and commendable. I would love to read the book.