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Do Effective Policy Solutions to the ‘Baby Bust’ Exist?

Cato Podcast

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The Expected Value of Every New Human Is Above Zero

The expected value of every new human is positive, says Julian Simon. We don't know ahead of time which people are going to improve and so the expected value is above zero, he says. If we're having less than 2.1 babies per woman, "we're setting ourselves up for a problem," writes Simon.

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