A Quote by Julian Simon
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.
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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.
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.
Long-term economic growth depends mainly on nonmonetary factors such as population growth and workforce participation, the skills and aptitudes of our workforce, the tools at their disposal, and the pace of technological advance. Fiscal and regulatory policies can have important effects on these factors.
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 people who see the population explosion in the Malthusian way - as a geometric progression - forget that population growth is not a biological issue. People are not increasing in numbers out of stupidity and ignorance. Population growth is an ecological phenomenon linked very intimately to other issues, such as the usurpation of the resources which allow people to live.
I will not accept a new wave of fiscal retrenchment, of belt-tightening, without asking people at the top to make their contribution, to make an additional contribution. I don't think you can ask people on middle and low incomes, who, after all, are the vast majority of the British population, to bear the brunt of this adjustment.
Governments around the world are looking for economic growth and job creation. African economies are no exception, with increasing recognition that growth has to be built on a more diversified economic structure in order to make a lasting contribution to development.
A combination of very rapid population growth over the last 50 years and reckless economic growth during the same time has stored up massive problems for societies the world over. No nation is immune. The scientific evidence tells us all we need to know: carry on with business-as-usual growth-at-all-costs, and we're stuffed
You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.
Most of the policies that support robust economic growth in the long run are outside the province of the central bank.
From 2008 to 2016 all the growth in the American economy, all the growth in national income, was earned just by the wealthiest 5% of the population. So they got all the growth. 95% of the population didn't grow. If you can get a flat tax or other lower tax, as Trump is suggesting, then this richest 5% will be able to keep even more money. That means that the 95% will be even poorer than they were before, relative to the very top.
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.
There is so much closed-mindedness, there is so much closed-off thought, there is so much bigotry and prejudice within knowledge that it, I think, is stunting the actual intelligence growth of our population. Not our capabilities but our actual intelligence growth because all of the stigma that's attached to people that don't have formal educations as opposed to those who do. But the people that have formal educations have been programmed and indoctrinated in many cases, not in all the disciplines.
To date, there has been no serious attempt in Western countries to use laws to control excessive population growth, although there exists ample authority under which population growth could be regulated.
The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.
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