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Are We Facing a Demographic Apocalypse? Economist Examines the Impact of Declining Birth Rates on Living Standards
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A declining birth rate will not mean a rapid decline in innovation or technological progress. Fewer children may mean that there will be more money left to invest in existing workers. Any sharp increase in birth rates will not be apparent for several decades. Demographer Branislav Bleha recently titled his article on the declining birth rate “Hold on to your hats, we are in for a demographic ride – down.” He writes that no one knows exactly […]
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