Demography is Destiny

Jonathan V. Last at the Weekly Standard (4/23): As fertility falls, populations shrink. As populations shrink, economies will sputter. Western countries will struggle to support too many retirees without enough workers, and the rest of the world (particularly places such as China and Russia) will be challenged just to maintain order as societies change in unprecedented ways: Most people will have neither brothers, sisters, aunts, nor uncles, and there will be no such thing as an extended family. This forecast may sound apocalyptic, but it’s nearly conventional wisdom among the demographers and economists who study such things . . .