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You start your comment by claiming GP's comment regarding a stagnant nation might not have anything to do with economics, but your supposedly counterexample, ta

by rualca 6y ago

You start your comment by claiming GP's comment regarding a stagnant nation might not have anything to do with economics, but your supposedly counterexample, tax revenue, is about it's economy, isn't it?

sneak 6y ago
No, tax revenue decline is only one facet of a declining population. A decline in population causes many other things that are dependent upon human beings to also decline: social interaction, art production, and a bunch of other stuff you might file under "economy": tax revenues, jobs, new businesses, new research, et c. Taking a purely economic view of these things is to misunderstand what is happening. Sure, it's an economic stagnation/downturn when new jobs aren't created, but more important than the money is the loss of the things those jobs produced in society outside of their economic impact: tools, art, research, creativity.
- rualca 6y ago
  > No, tax revenue decline is only one facet of a declining population. A decline in population causes many other things that are dependent upon human beings to also decline: social interaction, art production, and a bunch of other stuff you might file under "economy": tax revenues, jobs, new businesses, new research, etc. Japan's current population growth rate is around -0.2%. It's safe to say that the "evaporating population" hypothesis and it's hypothetical cataclysm on the arts doesn't make much sense nor has any bearing on reality. > Taking a purely economic view of these things is to misunderstand what is happening. Sure, it's an economic stagnation/downturn when new jobs aren't created, but more important than the money is the loss of the things those jobs produced in society outside of their economic impact: tools, art, research, creativity. Your "purely economic view" strawman doesn't pass muster. For starters, GDP reflects transactions and economic activity, and money is just the unit of account used to perform those transactions.

by rualca 6y ago

sneak 6y ago

No, tax revenue decline is only one facet of a declining population. A decline in population causes many other things that are dependent upon human beings to also decline: social interaction, art production, and a bunch of other stuff you might file under "economy": tax revenues, jobs, new businesses, new research, et c. Taking a purely economic view of these things is to misunderstand what is happening. Sure, it's an economic stagnation/downturn when new jobs aren't created, but more important than the money is the loss of the things those jobs produced in society outside of their economic impact: tools, art, research, creativity.

rualca 6y ago
> No, tax revenue decline is only one facet of a declining population. A decline in population causes many other things that are dependent upon human beings to also decline: social interaction, art production, and a bunch of other stuff you might file under "economy": tax revenues, jobs, new businesses, new research, etc. Japan's current population growth rate is around -0.2%. It's safe to say that the "evaporating population" hypothesis and it's hypothetical cataclysm on the arts doesn't make much sense nor has any bearing on reality. > Taking a purely economic view of these things is to misunderstand what is happening. Sure, it's an economic stagnation/downturn when new jobs aren't created, but more important than the money is the loss of the things those jobs produced in society outside of their economic impact: tools, art, research, creativity. Your "purely economic view" strawman doesn't pass muster. For starters, GDP reflects transactions and economic activity, and money is just the unit of account used to perform those transactions.