Everything about David Foot Economist totally explained
David K. Foot is an
Canadian economist and
demographer. Foot did his undergraduate works at the
University of Western Australia and his graduate work in economics at
Harvard University, where he was supervised by
Martin Feldstein. Following his PhD, he joined the department of economics at the
University of Toronto.
Economic demographics
After some early works on
macroeconometrics, Foot turned his attention to economic demography. His research focuses on the impact of demographics on economics, especially as pertaining to the aging of the
baby boomers. He argues that demographic shifts tend to have important social and economic consequences that are often neglected by policy makers, including aspects such as the changing patterns in crime, leisure activities and school enrollment. In his own words, demographics explains "two-thirds of everything".
A non-technical summary of his research on Canadian demographics was presented in his 1996 book
Boom Bust & Echo: How to Profit from the Coming Demographic Shift
, co-authored with journalist
Daniel Stoffman. The book went on to become a Canadian national bestseller, and Foot has taken an active role in debates concerning Canadian public policies.
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