Apr 14, 2004

The Empty Cradle

How Falling Birthrates Threaten World Prosperity And What To Do About It

Overpopulation has long been a global concern. But between modern medicine and reduced fertility, world population may in fact be shrinking–and is almost certain to do so by the time today’s children retire. The troubling implications for our economy and culture include: the possibility of a fundamentalist revival due to the decline of secular fertility; the threat to the free market as the supply of workers and consumers declines; and the eventual collapse of the American health care system as inordinate expenses are incurred by an aging population.