Attention Economy


Tuesday, October 31, 2017

Demographics and Economics

Demographic Shifts in Advanced Economies
Economist Noah Smith notes:
“In the U.S., boosting fertility isn't a big priority. The U.S. has a total fertility rate of 1.8 children per woman, which is reasonably close to the replacement rate of 2.1 -- i.e., the rate that leads to long-term population stability. Also, the U.S. tends to be welcoming to immigrants, and (at least, up until now) has been able to attract large numbers of the skilled immigrants who contribute most to fiscal and financial sustainability.”