2min chapter

Clearer Thinking with Spencer Greenberg cover image

Why are birth rates plummeting? And how much does it matter? (with Malcolm & Simone Collins)

Clearer Thinking with Spencer Greenberg

CHAPTER

The Effect of Birth Rate on Economic Productivity

The vast majority of global wealth is in developed countries. In average, for the past 300 years if you put money on the stock market, that money would grow on average. That happened because the number of workers in those economies was growing exponentially. And the productivity per worker in those economies were growing linearly. So there is an exponential component to it, but it is linear in contrast to the effect of birth rate on the economic productivity increase of a country.

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