A Quote by Julian Simon
The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths.
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It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.
When herding behaviour among investors ramps up, a stock's or index's growth rate can increase faster than exponentially, leading to more herding. This positive feedback brings the system to a tipping point. About two-thirds of the time, a crash results.
Because knowledge changes so rapidly, knowledge flow is more important than knowledge stock.
The millennium development goals are important, both morally and economically, because much of the world's population maybe is as much as a third of the world's population hasn't yet reached the level of economic development where we begin to get a dissociation from people's economic status and their reports about personal happiness. So we really do need to do much more and much more effectively in order to give everyone the kind of basis for which they can have good vibes.
The war on drugs has been the engine of mass incarceration. Drug convictions alone constituted about two-thirds of the increase in the federal prison population and more than half of the increase in the state prison population between 1985 and 2000, the period of our prison system's most dramatic expansion.
Vladimir Putin doesn't really gain anything economically from annexation of Crimea. It's more a gain of power. It's a gain of what he can say to his home population about what he's accomplished as president. And so it's really much more an individual gain for Putin politically than for Russia as a state, because over the long term, Russia is not going to particularly benefit from this.
There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
The world needs thinkers, leaders, and doers more than ever, so neglecting the minds of half the population means a lost opportunity to benefit from their ideas, contributions, and actions.
Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks it own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds.
The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
Human population growth is a problem in that most humans consume more than they need. The Earth's resources are now strained to sustain the needs and wants of the human population, which continues to escalate.
Human beings, because we're so clever, have removed every single one of those population limiting factors... So nothing controls our increase in numbers except our own wish. Since I first started making television programs, the population of the world has increased three times. That's an extraordinary notion. Can it increase four times? Can it increase five times? The Earth is a finite size. So a point will eventually come when we run out of food, when we run out of space and when we will have destroyed most of the natural world. So ought we to do something about it before that happens?
I am big believer that increase the size of the cake is as at least as important as distribution of the cake. To increase the size of the cake, you need to focus on progress.
Although it's the second largest country in the world, our useful area has been reduced. Our immigration policy is disgusting: We plunder southern countries by depriving them of future leaders, and we want to increase our population to support economic growth.
For me the most important thing is to spread the Hindu knowledge about the soul. This is more important than any other knowledge and is my main priority.
The popular notion that an increase in the stock of money is socially and economically beneficial and desirable is one of the great fallacies of our time.
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