Pro-Growth Bias is reflected in the media by the stories and words chosen, which hint and often trumpet that economic, population, and consumption growth is good and essential. We're here to expose the bias and encourage more balanced and thoughtful journalism. Here you can vote, discuss, and even post stories exemplifying the bias.
Bravo to George Friedman, chairman of global intelligence firm Stratfor, for stating what is obvious, but too rarely written:
“As someone who was raised in a world that saw the population explosion as leading to economic disaster, I would think that the end of the population boom would be greeted with celebration.”
In Population Decline and the Great Economic Reversal, Friedman also nicely points out that you can shrink population, and even GDP, without making everyone poorer (except perhaps the wealthy capitalists benefitting from growing markets today):
“But the real question is whether a declining population matters. Assume that there is...
Today’s Wall of Shame honoree is a classic example of the role of growth mythology in politics. In tough times, it’s “a chicken in every pot.” More often, it’s a job, a better job, rising pay, or an opportunity to get rich. No one running for public office gets elected by telling the truth: we’ve maxed out on squeezing wealth out of one planet serving 7 billion people.
Jeb Bush and Reason magazine get our attention today because they both ignore the brutal, but vital truth about overshoot. The headline for a Reason report on the recent Conservative Political Action Conference...
The editors of China Daily share the Wall of Shame today with its forum readers whose comments are published in Will Push to Up Birthrate Work?
This little piece begins with an Editor’s Note:
“Far fewer couples than expected have applied to the authorities to have a second child, a year after the country eased its family planning policy. Some even said the one-child policy should be fully relaxed, with all married couples strongly encouraged to have two children. Will these efforts to increase the birthrate work? Our forum readers share their opinions here and you are also welcome to add yours.”
This headline in last Friday’s New York Times opinion section got my attention:
When the Growth Model Fails
It’s definitely worthy of the Wall of Fame when a major news organization acknowledges that our current growth model is failing. While this opinion piece does not necessarily reflect the view of the New York Times editorial board, I do thank the Times for publishing it. How the failure of the current growth model is interpreted and the solutions explored can vary widely. This piece by Paris School of Economics professor Daniel Cohen comes at the subject from a decidedly non-ecological perspective, so it...
Wall Street Journal national economics correspondent Nick Timiraos likely got the facts right in his recent post in the Journal’s Real Time Economics blog, Declining Population Could Reduce Global Economic Growth By 40%.
“Declining population growth that shrinks the pool of available labor over the next 50 years will reduce by 40% the rate of growth in global economic output for the world’s 20 largest economies compared to the past 50 years, according to a new study.”
No doubt we’ll see a much lower rate of global economic growth going forward. The big productivity gains have been had. Population growth is...