The result could be the mother of all economic busts

Lance Olsen

The human population boom has been the bedrock of economic boom in sector after sector. The stakes are high. Broadly put, the long-ongoing human population boom has meant more customers for businesses and industries, and human labor made cheaper simply by its abundance of supply. It’s also brought cheer to generals dreaming of bigger armies and religions competing for more followers. Over and over again, the long-ongoing human population boom has afforded the political elites and local boosters an opportunity to boast of a booming economy, sometimes raising local and even national concerns that they tout growth at any cost.

In the US alone, the booming human population has been the wellspring for surging numbers of visitors to the likes of Demali and Yellowstone National Parks, city managers bent on promoting growth, and the basis of soaring demand…