https://substack.com/home/post/p-197850696
Derek Thompson is a lib at The Atlantic, but did an absolute phenomenal interview with University of Pennsylvania economist Jess Fernndez-Villaverde on the sources and implications of the global fertility crisis.
Big highlights first:
Derek Thompson is a lib at The Atlantic, but did an absolute phenomenal interview with University of Pennsylvania economist Jess Fernndez-Villaverde on the sources and implications of the global fertility crisis.
Big highlights first:
- Black birthrates have collapsed in the US and have been passed by whites for the first time in the history of the US.
- Latin America and the Middle East are in an absolute nose dive.
- The US has a higher birth rate (1.7) than Mexico, Brazil, Bolivia, and Thailand
- Big shocker…female employment in a service based economy
- Actual shocker…likely the global spread of western norms through social media and the mass popularity of cell phones since 2012.
- Will birthrates recover as people are having fewer people later (ie. delayed parenthood)? Or is this a sustained demographic bobsled like China, South Korea, and Japan?
- How does this impact the rise of AI?