Bias in favor of population growth is the fatal flaw of almost all mainstream economics. Theories need to be adjusted for the downsides.
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Replying to @HbdNrx
Population growth is the easy way to GDP growth, higher land and capital prices, higher revenues, and lower labor costs. At what cost?
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Replying to @HbdNrx
Of course the owners of land and businesses and the government want population growth. Coincidentally, so do economists.
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Replying to @HbdNrx
The easiest way to population growth is immigration, especially if your own people refuse to breed. So economists favor immigration.
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Replying to @HbdNrx
some downsides of population growth: more crowding, fewer natural resources per person, closer to Malthusian ceiling
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Replying to @TruthWillLive
@TruthWillLive yes, that too, I didn't mean to leave that one out!
9:02 PM - 9 Apr 2015
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