As long as a free market is the dominant means of organizing society, overpopulation is never a real concern, as the cost of rearing new persons to society is made evident to everyone through the price system. Increases in demand and labor supply would actually promote technological development and capital accumulation, thus solving the problems of population growth as it happens. However, if coercive central planning as by government is allowed to distort the price system, we risk having insufficient feedback for the costs of increasing the population. Such would be similar to an economic bubble created by central planning of the monetary system; except the bubble would be in population and the bust would result in poverty and starvation. Then of course, as history demonstrates, governments are not shy about causing hundreds of millions of human deaths.
Posted on: Sun, 26 Oct 2014 17:46:57 +0000
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