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> for most people that's actually around the natural replacement level, or fewer.

Not sure where that number comes from. 2.5 is probably closer to the natural trend. Physical constraints (food, disease, etc) limited human expansion previously. The economic constraints that cause a min-max of not having kids will never be A. universal, B. persistent. A couple generations of baby recession won't impact the fate of humanity one bit. Not sure why there's so much faux concern over a fixable (and likely temporary) situation. You give a tax break of 50% on capital gains per child and the kids will be popping from the higher economic rungs.



> You give a tax break of 50% on capital gains per child and the kids will be popping from the higher economic rungs

Of course, with a perversely positive incentive like that. But it tells us nothing of the natural impulse in a neutral environment.

In a lot of the western world there is plenty of support for having kids. Ample child care leave, solid monetary support, free or affordable child care and schooling. And in the countries which have most of this, the birth rate is low but not catastrophically so. (see Germany, the Nordics..)

Whereas in the US and Japan, for example, there are certainly structural factors that now weigh against having kids. But it does not tell us much about the "default state"


I don’t think there is such a thing as a default state. What would a neutral environment even look like?




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