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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
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"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 #successachievement

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Over time, the welfare state has become dysfunctional in a surprising way. But in a way it bec…

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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

About Niall Ferguson

Niall Ferguson was a Historian from United Kingdom (1964–present).

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Frequently Asked Questions

Who said "Over time, the welfare state has become dysfunctional in a surprising way. But…"?
This quote is attributed to Niall Ferguson, a Historian from United Kingdom.
When did Niall Ferguson live?
Niall Ferguson lived from 1964 – present.
What is this quote about?
This quote touches on Success & Achievement. Browse more quotes on these themes from the categories page.