[F]ew Americans are aware that this problem will automatically decline and eventually become a vague memory....There has been a stunning decline in the fertility rate in Mexico.... Full Story »
Posted by Carl PhamTo:
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While I won't argue with the World Bank figures, I'm not as convinced Mr. Dunn has carefully examined all the data that bears on this situation. For example, Trinidad and Tobago are experiencing steep population declines. By his argument, they should therefore be seeing a rise in wages and in the standard of living. If they are, I have not heard of it. As a result, their people remain eager to improve their living standards by emigration. Without being able to prove this part of his argument, the piece stands as a very forceful argument for a flawed theory.
