ELI5- Why do we need a growing population?

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It just seems like we could adjust our economy to compensate for a shrinking population. The answer of paying your working population more seems so much easier trying to get people to have kids they don’t want. It would also slow the population shrink by making children more affordable, but a smaller population seems far more sustainable than an ever growing one and a shrinking one seems like it should decrease suffering with the resources being less in demand.

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Anonymous 0 Comments

These comments read like recently graduated business majors from the 70s.
The only grasp on economics being from a century old textbook based in the pre-information age and pre-economic globalization, on countries with small populations and no possibility for technological advancements.

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