Over at the Wall Street Journal, Greg Ip calls attention to a new book by center-left thinkers Dean Spears and Michael Geruso about the coming baby bust and the prospect of depopulation. Itโ€™s called After the Spike: Population, Progress, and the Case for People. Ip highlights the main thrust of their argument, which is that people are resources, not liabilities:

Population growth actually makes challenges such as resource scarcity easier to solve. Assume a fixed share of people become idea generators: scientists, entrepreneurs or inventors. The greater the population, the more ideas.
Solving most problems also involves fixed costs. Developing a vaccine or a smartphone costs the same whether for one person or 8 billion. The bigger the population, the more such investments become financially feasible.
The most provocative argument that Spears and Geruso make for population has nothing to do with economics. โ€œItโ€™s better if there is more good in the world,โ€ they write. โ€œThat includes good lives: itโ€™s better if there are more good lives.โ€

Check out Ipโ€™s column.