Europeans are deeply worried that they and their children are likely to end up worse off than their parents and grandparents - ICAEW.

In the December 2017 issue of Economia, the magazine for finance professionals, there's news about the findings of an online survey of 10,000 people across Europe by the Institute of Chartered Accountants in England and Wales (ICAEW).  

Here's a link to the article.   

This confirms that there are signs that the baby-boom generation currently approaching retirement or already retired may have achieved "peak prosperity" as a result of the economic boom between the end of the second world war and the early 21st Century.   Life is tougher for the following generations.  The gap in prospects between the generations is called "intergenerational equity".  After innumerable improvements from one generation to the next through history, we seem to be on the cusp of a reversal in that trend.  The answer to this, however, is not to look to accelerate economic growth to make everyone richer, in the hope that this will trickle through the younger generations as well as the older ones.  In the context of limits to growth, reviewing and altering the things that disadvantage young generations is a better option.  Student debts, high rent, stagnant wages, high property prices are all examples of where we could look to make changes.