Is population growth a Ponzi scheme?

September 22, 2009 • Daily Email Recap

Forty-five nations face a population “bust” that has some leaders wringing their hands. They worry about the costs of supporting an aging society and the loss of national and economic power.
When US Vice President Joe Biden spoke of Russia’s “withering” population last month, Russian leaders bristled.

But notions that population growth is a boon for prosperity – or that national political success depends on it – are “Ponzi demography,” says Joseph Chamie, former director of the population division of the United Nations.

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