Tuesday 16 September 2014

Demand for funeral care

Last week a classmate of mine (who shall remain nameless for the duration of this post) declared his ambition to go into a job in funeral care after leaving St Ignatius. While certainly a unusual aspiration, I nevertheless thought it to be quite a good idea. After all, everyone dies, so its not as if he would ever lack for customers, right?

About ten minutes later, I read this article.

It should be common knowledge that humans are, thanks to better healthcare, and living standards, living far longer, but this is presenting us with some serious issues. The basic economic problem is that people have unlimited wants to limited resources, and one increasingly limited resource is living space for earths ever growing population. The UK is already needing to sell agricultural land to developers in order to combat overpopulation, and when global warming starts to become an issue things are going to get worse and worse.

All is not lost for our funeral care friend however. Regardless of how good healthcare becomes, as the growing and aging population becomes more and more of an issue, mortality rates will most likely go up once again, and business will most likely pick up once again. It seems as though the vicious cycle of boom and bust is a constant in all things.

Declan, this is the kind of fresh eyes approach we need on Ignatian Economics.  Please contact Ignatian Economics' payroll department for details of the bonus coming your way...

No comments: