Some of the more pressing matters confronting us-as individuals, as communities and as a nation-involve fundamental issues of intergenerational justice. These include caring for aged parents, balancing the rights and well-being of our children with our own rights and well-being, financing Social Security, allocating the costs of our federal budget deficits and our mushrooming national debt, and imposing delayed environmental costs on future generations. Generations develops a theory of intergenerational justice and applies it to these five sets of issues.