The U.S. $8.3 Trillion Longevity Economy: Its Meaning & Impact Tuesday, August 24, 2021

Traditionally an economy encompasses all activity related to production, consumption, and trade of goods and services in an area, and is generally thought of as referring to a country, More specifically, it is also a result of a set of processes that are impacted by culture, values, education, social organization, political structure as well as laws, history, and geography, among other factors, and it evolves due to the choices and actions of the participants. It is traditionally not thought of as applicable to a segment of a population. It is a social domain that emphasizes interrelated human practices, transactions, discourses, and material expressions associated with the production, use and management of resources and does not stand alone." The totality of these factors provide the backdrop and framework upon which the economy functions. It represents the environment where goods and services are produced and exchanged according to supply and demand between participants, has a an accepted credit or debit value contributing to a gross natural product. This is the prevailing thinking that led to the formation of the term The Longevity Economy. Jody Holtzman, a thought leader and strategist, carefully explains the meaning of The Longevity Economy and its relevance, not only to the growing senior population, but also to our society as a whole. His lively and thought-provoking conversation around its meaning will hopefully challenge our notions about what is perceived as society’s economic burden in caring for people as they continue to live to advanced ages. I’m proud to give the listeners the opportunity to hear a discussion that may change perceptions about older people and the value they present to our society, both socioeconomically and culturally.