in my opinion, one child policy should not be adopted. the government should not intervere with the population size.
one obvious effect of the policy is aging population due to low birth rate. more resources need to be spent relatively on healthcare and the poportion of work force decreases.
At 1/27/13 04:06 PM, squidly wrote:
Simple economics lesson also says that more kids = more financial burden, but not everybody's a genius.
is it really that simple? i have forgotten most of my economics, but i am sure that there is a thing called human capital. with larger population size, people tend to benefit from one another with zero cost (postive externalities), which in turn contribute to economic growth through human capital accumulation.