A Quote by Howard W. French
The one-child policy was based on some faulty science and had, as an ambition, reining in Chinese population growth, so as to enhance the per capita wealth of the country.
Related Quotes
Most of the suicide hijackers came from Saudi Arabia, a place not lacking in wealth. But due to rapid population growth, the wealth per capita has fallen by about half in a generation.
I live in Loudoun County, and the counties surrounding Washington, D.C., have the highest per-capita income in the country. Not because they create wealth, but because they suck wealth from the rest of the country, and that system needs to be shaken up.
With the rather stable ratio of labor force to total population, a high rate of increase in per capita product means a high rate of increase in product per worker; and, with average hours of work declining, it means still higher growth rates in product per man-hour.
The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.
For a developing country, average long-run growth of 5 percent a year per capita is excellent, and 7 percent is stellar.
I would be remiss, as a scientist who studied this, if I didn't mention the following two things: The first is that, most importantly, we need to do, as a society, in this country and globally, whatever we can to reduce population"....."Our whole economic system is based on growth, and growth of our population, and this economic madness has to end.
Britain has always had more art schools per capita than any other country.
When you brought the digital revolution in, all of a sudden, you could build a country like Singapore and take that country, which had the income per capita of Ghana in 1965, and make it something similar to the United States in one generation.
A prolonged and massive increase in aggregate wealth per capita has taken place over several centuries.
One of the great drivers of the alienation that has made Donald Trump possible is that the growth in the American economy has been weak. In the decade from 2005 to 2015, there was not one year when the US hit three per cent growth. And to the extent there's been growth, virtually all of it has been collected by the top 10 per cent of the population. Obviously, if we knew how to make growth faster, we would. We don't. And it's very difficult to make growth more broadly shared. Because it's not just the US that has this problem.
The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.
Increase in the wealth per capita fosters democracy; but the latter, at least according to what we have been able to observe up to now, entails great destruction of wealth and even eventually dries up the sources of it. Hence it is its own grave-digger, it destroys what gave it birth.
Japan became an imperialist country in many ways, but that was much later, after it had already made big progress. I don?t think Japan?s wealth was based on exploiting China. Japan?s wealth was based on its expansion in international trade.
By 1979, Chinese people were poorer, on average, than North Koreans. I mean, your average per-capita income in China that year was one third of sub-Saharan Africa's.
If you look at the creative economy in this country, it's per capita way bigger than any other in the world.
We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When it does, we're in real trouble.
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