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#834 - Lyman Stone - Why Is Everyone Having Fewer Children?

Modern Wisdom

NOTE

Wealth and Fertility: The Age Dichotomy

Fertility has consistently correlated with status, primarily linked to men's income levels during marriageable ages, typically in their 20s. Over the last few decades, men in this age group in the U.S. have experienced a decline in inflation-adjusted income, indicating that while the overall population may be getting richer, younger men are becoming poorer. This economic downturn among younger men directly impacts their ability to marry and have children, with the likelihood of having two or more children decreasing significantly without early marriage.

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