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“The specialization of labor is limited by the extent of the market” - Adam Smith Having more people is better for us on net because it gives us more human cap
by p_roz 8y ago
“The specialization of labor is limited by the extent of the market” - Adam Smith
Having more people is better for us on net because it gives us more human capital and allows us to develop technologies that pay off at scale.
As the world population has grown, our society has gotten wealthier on a per-capita basis, and we still have more than enough food to go around.
It’s not true that overpopulation is happening or that increased population is a negative phenomenon.