The Real Reason Birth Rates Are Falling – Lyman Stone

Don’t spoil your daughters so that you can benefit society’s fertility rates.

Women tend to marry and have children based on their father’s, or the fathers’ around them when they grew up, income and wealth. So if daughters are spoiled, they are less likely to have children because less men will seem good enough to them.

https://www.youtube.com/watch?v=xv4Y0eXCcFI

The Western Population Crisis | Lyman Stone | IEA Interviews

Giving people cash to have babies works, just not very efficiently. It’s expensive. In the U.S., we’d get one baby per $200,000 to $400,000. Lifetime taxes paid by the average person is $150,000 to $400,000. So fiscally, the government may break even. Childless people are dependents on society so should pay higher taxes. Their future retirement depends on the labor of younger people, and younger people depend on the labor and money of parents.

https://www.youtube.com/watch?v=kPF0B73S8VY

The Depopulation Bomb

“So why are birth rates falling all over the world? The authors knock down the conventional hypothesis that rising monetary costs are to blame. The real costs of children, they argue, are the opportunity costs: “what a potential parent would be ready to give up to have an extra child.” The seductions of the modern world include higher paying work, longer vacations, restaurant meals, sports, video games, innumerable on-demand entertainment options, and so forth. “Once we see that costs include opportunity costs, as life becomes richer and more rewarding, children cost more,” they say. “Even if we eliminated every dimension of social inequality and unfairness between women and men, the opportunity cost of having a child would still be greater in the richer, freer, better-entertained future than it was in the past.” And as demographic history shows, fewer and fewer people are willing to pay those costs.”

https://reason.com/2025/07/08/the-depopulation-bomb/

Suspect in California fertility clinic bombing left behind ‘nihilistic’ writings, officials say

Anti-fertility terrorism.

Also, guy go crazy.

https://www.politico.com/news/2025/05/18/suspect-identified-in-explosion-at-california-fertility-clinic-00356306

Lyman Stone on Demographic and Marriage Decline

Population growth isn’t a primary cause of environmental damage or global warming. Other things matter much more. So, the environment is not a good reason to not have kids!

France had modestly successful pro-natal policies, so such policies can work! They were implemented in 1939. These policies produced an additional Paris!

https://www.youtube.com/watch?v=-zAQesNbIe4

Ezra Klein & Derek Thompson – Abundance Is the Key to Fixing

Trump is a scarcity president.

Scott Galloway didn’t expect to have kids and didn’t expect it to change his life. But it did, and gave his life meaning and purpose.

https://www.youtube.com/watch?v=CGUWMonAtTQ