[ISSUESINSIGHTS] There’s an old saying among economists, demographers, actuaries and sociologists: "Demographics is destiny." If that’s true, and it certainly appears to be, America could be in very big trouble.
Back in 1970, leftist Stanford biologist Paul Ehrlich warned in his sensationalist book, "The Population Bomb," that overpopulation would lead to mass starvation and the depletion of our natural resources. As we all know, it didn’t happen.
Indeed, natural resources have never been more abundant, based on prices we pay, as the late economist Julian Simon predicted in making a very public1980 wager with Ehrlich about the future. Virtually every measurable form of pollution has fallen sharply in the intervening years. And billions of people were pulled out of poverty, all during a time of strong population growth. |