The End of Economic Growth

This morning The Wall Street Journal & The New York Times were discussing the COVID baby bust.  The Brookings Institute had projected that we could see 300,000 fewer births thanks to COVID-19.

Coincidently, I saw earlier today over at Marginal Revolution a link to Chad Jones’s recent policy seminar, “The End of Economic Growth Unintended Consequences of a Declining Population.”  Economic growth has always been tied to a growing population.  So what happens when our population starts declining?  Will the economy stop growing too?

 

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