David Foot (economist)
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David K. Foot is a
Canadian Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and demographer. Foot did his undergraduate work at the
University of Western Australia The University of Western Australia (UWA) is a public research university in the Australian state of Western Australia. The university's main campus is in Perth, the state capital, with a secondary campus in Albany, Western Australia, Albany an ...
and his graduate work in economics at
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
, where he was supervised by
Martin Feldstein Martin Stuart Feldstein ( ; November 25, 1939 â€“ June 11, 2019) was an American economist. He was the George F. Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research (NBER ...
. Following his PhD, he joined the department of economics at the
University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
.


Economic demographics

After some early works on
macroeconometrics Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8â ...
, 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 boo
''Boom Bust & Echo: How to Profit from the Coming Demographic Shift''
co-authored with journalist
Daniel Stoffman Daniel is a masculine given name and a surname of Hebrew origin. It means "God is my judge"Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 68. (cf. Gabriel—"God is my strength" ...
. The book went on to become a Canadian national bestseller, and Foot has taken an active role in debates concerning Canadian public policies.


Selected readings

* David K. Foot, "Population Aging", in ''A Canadian Priorities Agenda: Policy Choices to Improve Economics and Social Well-Being'' (edited by J. Leonard, C. Ragan and F. St.-Hilaire), Institute for Research on Public Policy, Montreal, 2007, 181–213. * David K. Foot, "Tourism and Education in Western Europe: A Demographic Perspective", in ''Time shift, Leisure and Tourism: Importance of Time Allocation on Successful Products and Services'' (edited by K. Weiermair, H. Pechlaner and T. Bieger), Berlin, Eric Schmidt Verlag, 2006, 31–48. * David K. Foot, "Easter Island: A Case Study in Non- Sustainability", ''Greener Management International'' 48 (2005), 11–20. * David K. Foot and R. Gomez, "Age Structure, Income Distribution and Economic Growth", ''Canadian Public Policy'' 29 (2003), S141–61. * David K. Foot and D. Stoffman, ''Boom Bust & Echo: Profiting from the Demographic Shift in the 21st Century'', Stoddart, Toronto, (313 pages), 2001.


External links


David Foot/Footwork Consulting Inc.

University of Toronto faculty page
Canadian economists Demographers Living people Year of birth missing (living people) Harvard Graduate School of Arts and Sciences alumni University of Toronto faculty {{Canada-economist-stub