Let's talk growth, baby
Today's economics lesson should be about growth and why it matters.
So I started very lazy with a round of questions. What do you know about growth, where did you hear about it. Do you know any examples of growth in the economy or society?
The answers took us down a rabbit hole I was not prepared for.
"Yes, we know a lot about growth, we just had the topic in geography today".
My brain was confused. What is growth in geography? Mountains, land masses?
But no, they were talking about society.
Strictly speaking, they were talking about mathematical growth.
Their bullet points were as follows:
- Too many people are being born, and there is a population explosion, which leads to all sorts of problems, such as:
- Not enough space (space for houses, infrastructure, cities)
- Not enough kindergartens or schools to take care of them, so there will be a crisis of education in knowledge and morals.
- Not enough food, so we will have to get more farms, which will harm the environment.
- Not enough jobs for all the new people, leading to more unemployment and therefore more crime.
- More plundering of the planet's resources and extreme environmental problems.
- The only good thing is that we get more taxes when there are more people, so we could offset some of these problems with tax money.
- If there are more people, we need more money (i.e. if there are only 100 people and 100 units of money, we need more money if there are 120 people, otherwise we all get poorer, so we need inflation).
The Nail in My Heart
The last bullet point was one nail too many in my heart. One of the kids noticed and asked, "Isn't that right? Or do you think it is wrong?"
I replied, "No worries, I think they are all wrong."
That was too much for these kids on a Friday right before the weekend.
One said, "Mr. Shugard, we cannot take this anymore, this is too much. We learn in school X only to come to your classes to be taught that X is wrong and Y is right, but you are the only one who says Y is right."
That's when the official part of my plan went downhill. I knew I would never achieve the goal of this class if I could not correct some things beforehand.
The kids are allowed to question everything I do, and they know they have the right to get proof from me. If they think I am talking bullshit, I have to explain and prove why it is not.
I really love this arrangement! It puts a lot of work on me, but gives the kids the best shit test there is.
Great, now I'm sitting here with too much work to do for the weekend, just to add some extra work and work on the stats and numbers to make a comprehensive case next week.
But let me give you all a glimpse of what I think is wrong here and what I have told you so far today:
Smith vs Malthus
These two ideas clash and do not work together. The world gets better with growth, not worse!
A quick reality check:
Are too many people being born?
We are platooning. Birth rates are plummeting in rich countries and slowing in developing countrie
Not enough space
There is no more room to build homes and buildings, right? Not at all! We are building in the air!
Book recommendation coming:
Not enough kindergartens or schools to take care of them.
Average years of schooling are going up, not down!
Not enough food
We have more food than ever, the last problem is about the distribution, not the production!
Not enough jobs
More people, more jobs! Unemployment is falling
More plundering of the planet's resources
We need less resources per person and we are finding substitutes all the time. I need some good charts, if you can provide some!
The only good thing is that we get more taxes
Sure, because the government uses it well, right? right?
If there are more people, we need more money.
Because we all remember the time when the US population exploded by ~40% in 2020.
Feedback on how to address this misconception is very welcome! Also sources, material and graphics! Looking at you @denlillaapan!