Is Population Growth a Ponzi Scheme?

August 14, 2010 • Daily Email Recap

Thanks to Frosty Wooldridge for this article.

The basic pitch of those promoting population growth is straightforward in its appeal: “More is better.” Joseph Chamie, who has spent a lifelong career as a demographer, including 12 years of service as the director of the United Nations Population Division, finds that more is not necessarily better.

Bernie Madoff’s recent Ponzi scheme has drifted out of the world’s headlines. However, there is another even more costly and widespread scheme – “Ponzi Demography” – that warrants everybody’s attention.

While it may come in many guises, Ponzi demography is essentially a pyramid scheme that attempts to make more money for some by adding on more and more people through population growth.

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