In theory, it should be perfectly possible for a modern society not only to maintain prosperity but to increase it steadily in the face of pervasive population aging and demographic stagnation or depopulation. Whether the United States can in practice continue to flourish in the face of such trends is another question.
The formula by which the U.S. ascended to its current status of the world’s wealthiest society and sole superpower was predicated on over two centuries of continuous and exceptional population growth, unique among Western countries in tempo and scale. Today, America’s population is two and a half times larger …
Something to Consider
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