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Jim Mcneal
Economics Explained
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Comments by "Jim Mcneal" (@jimmcneal5292) on "Do We Need To Have More Children?" video.
There's one important part that has not been mentioned. Not all populations are equally prone to creating sophisticated technology. Generally, native population of the industrialized countries are more capable in that regard, while native populations of third world(and especially so-called "forth world" e.g. ultra-poor) countries are not. At the same time birth rates are highest in those very undeveloped countries, and substantially below replacement level in developed ones. This means that if we are afraid of limited resources and want to ensure the standards of living to grow, countries should try to lower birth rates to the replacement level or even below among people with ethnic background from those undeveloped countries and encourage birth rates among people with ethnic background from developed ones. I don't however think that it will be the case and predict that it will be impossible to achieve any reasonable coordinated policy here.
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