« The Racial Gap in Socioeconomic Mobility | Main | The Surge in Inflation »



Feed You can follow this conversation by subscribing to the comment feed for this post.

Although it hasn't been passed so far, the Indian state of Uttar Pradesh is exploring a two-child policy which, based on this Vice article (https://bit.ly/3eyqHZI), sounds similar to the policy China had adopted in the past.

Kunal, that is a very interesting article you posted that presents a very different problem than we are facing here in the US.

In reference to the original post, I'm really curious to see what happens in the US with the introduction of such incentives. I see many young adults delaying or forgoing parenthood for reasons beyond financial limitations, such as the desire to travel or pursue their careers. I think these incentives could indirectly help with fertility rates, as perhaps young adults would realize they could do "both" (i.e., be a parent and pursue their career with extra funds for child care), but I think it is hard to know if these incentives would really solve the bigger problem we are facing. I agree with you, Professor, that social norms probably play a heavier role in these decisions.

Despite an aging population and declining birth rates, our population is still growing and is expected to reach about 10 Billion people by 2050. The US Census predicts that largest share of the US population from now through 2060 will be ages 18-64 (https://www.prb.org/resources/u-s-population-is-growing-older/). With that being said, I don't fully understand the worry around declining birth rates and the rush to incentivize people to have more kids. I think the US and countries worldwide should be more concerned with having enough resources to support such a large population.

In response to your comment, Molly, while I agree that the scarcity of resources is an existential threat to our world, declining birth rates in wealthier nations such as the U.S. may have several impacts including on 1) short-term inequality due to widening demographic differences (see https://www.economist.com/finance-and-economics/2012/08/11/baby-monitor) and 2) GDP. Both threaten the existing power structures of our world. However, a simple solution is for wealthier nations to support higher rates of immigration to sustain themselves, although that brings significant political challenges, as we learned in earlier modules.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)