Dr. Wenzheng Huang says China's current incentives fall far short, argues lifting fertility to replacement level within 5-15 years could leave China 20-40 times stronger than if it waits decades.
The four scenario framework is a poweful way to frame this crisis. Treating child-rearing as paid work through a Population Fund is radical but makes sense when you consider the misalgned incentives. The comparison between Scenario IV and Scenario I showing a 20-40x difference in national strength is shocking.
The four scenario framework is a poweful way to frame this crisis. Treating child-rearing as paid work through a Population Fund is radical but makes sense when you consider the misalgned incentives. The comparison between Scenario IV and Scenario I showing a 20-40x difference in national strength is shocking.