Population and Development in Poor Countries Selected Essays 1st Edition by Julian Lincoln Simon ISBN 1400862175 9781400862177

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Product details:

ISBN 10: 1400862175

ISBN 13: 9781400862177

Author:  Julian Lincoln Simon 

Population and Development in Poor Countries: Selected Essays 1st Edition: Making the case that population growth does not hinder economic progress and that it eventually raises standards of living, Julian Simon became one of the most controversial figures in economics during the past decade. This book gathers a set of articles–theoretical, empirical, and policy analyses–written over the past twenty years, which examine the effects of population increase on various aspects of economic development in less-developed economies. The studies show that within a century, or even a quarter of a century, the positive benefits of additional people counterbalance the short-run costs. The process is as follows: increased numbers of consumers, and the resultant increase of total income, expand the demand for raw materials and finished products. The resulting actual and expected shortages force up prices of the natural resources. The increased prices trigger the search for new ways to satisfy the demand, and sooner or later new sources and innovative substitutes are found. These new discoveries lead to cheaper natural resources than existed before this process began, leaving humanity better off than if the shortages had not appeared.

 

Population and Development in Poor Countries: Selected Essays 1st Edition Table of contents:

Part 1: Broad Overviews
Part 2: Theoretical Analyses
Part 3: Empirical Studies
Part 4: Policy Implications

 

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