POPULATION AND ECONOMICS
The assertion that rapid rates of population growth somehow stimulate economic growth has been made by economists for a long time but achieved prominence during the Reagan Administration. As advocated by Julian Simon, Malcolm Forbes Jr., and others, the contention is that rapid rates of population growth stimulate consumerism and that the added demand fuels economic growth.
The opposite may well be true. In the 20th century, no nation has made much progress in the transition from “developing” to “developed” until it first brought its population growth under control.
Read more now to dive deeper into the relationship between population growth and economic development—and why this debate is more critical than ever.