How Older Americans Hoard the Future

American leaders are staying in office past their prime. Boomers are reluctant to relinquish control — from political offices to corner offices — to the detriment of their juniors. In a society where the elderly hold so much power, should younger generations revolt? My guest today is Samuel Moyn, a professor at Yale Law School, and he argues that American democracy is distorted by the power of the old. We discuss how seniors have hoarded wealth and influence and how Americans can renew an intergenerational compact.