How slowing population growth and an eventual population peak will lead to competition for foreign workers, potentially higher inflation, and ultimately the need to transition to a steady-state economy rather than one based on constantly producing more.

Topics covered include:

• How longevity and birthrates impact population growth
• What areas of the world are seeing population increases versus declines
• Why high income countries will need more immigrants in order to sustain their population levels
• When is global population expected to peak and at what level
• Will greater dependency ratios lead to higher inflation
• What is the difference between growth and development
• How slowing population growth will impact investments
• Why the world will need to transition to a steady-state economy focused on well-being rather than growth

For more information on this episode click here.

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Show Notes

World Population Prospects 2022: Summary of Results—United Nations Department of Economy and Social Affairs

Five Key Findings from the 2022 UN Population Prospects by Hannah Ritchie, et al.

Germany Plans to Simplify Immigration Rules to Combat Labour Shortage—Schengen Visa

High Cost Deters IT Gurus from Filling Luxembourg Jobs by Kate Oglesby

Another Beautiful Italian Town Is Selling €1 Homes—This Time, No Deposit Required by Cailey Rizzo

Will Inflation Make a Comeback as Populations Age? by Olli Rehn

The Great Demographic Reversal: Ageing Societies, Wanting Inequality, and an Inflation Revival by Charles Goodhart and Manoj Pradhan

The Enduring Link Between Demography and Inflation by Mikael Juselius and Elöd Takáts

Unions Are Now a Lifestyle Choice for Some Young, Aspirational Workers, Says Walter Olson—The Economist

Economics for a Full World by Herman Daly

This Pioneering Economist Says Our Obsession with Growth Must End by David Marchese

The Environmental Kuznets Curve by David I. Stern

Small Is Beautiful: Economics as if People Mattered by Ernst F. Schumacher

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