1min snip

Debunking Economics - the podcast cover image

The West’s vote on immigration

Debunking Economics - the podcast

NOTE

Balancing Population Growth and Standard of Living

The decision on whether to invest in infrastructure to accommodate a growing population or improve living standards for the existing population revolves around the concept of capital broadening versus capital deepening. If there is a significant population growth, building schools, hospitals, etc., is necessary to maintain services. Alternatively, enhancing technology and quality of life for a fixed population requires a different approach. There is a trade-off between these two paths, leading to the migration issue and concerns about maintaining wages. Employers benefit from immigration keeping wages low, influencing political decisions.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode