Surviving the population crash

The challenge is how to make our way safely down from the old high-birth-rate regime to a new low-birth-rate future because the present pace of change will leave us dealing with inverted population pyramids for about a century. Each generation born will be dramatically smaller than the older ones, which imposes a heavy burden on the young.
France's Marine Le Pen, left, the United Kingdom's Nigel Farage, Japan's Prime Minister Sanae Takaichi, and United States President Donald Trump. A phalanx of right-wing populists either in power or closing in on it are painting immigration as a threat, and peddling ‘great replacement’ narratives to the angry and the ignorant.

LONDON, U.K.—“To them that hath shall (more) be given” is generally a reliable guide, especially in economic matters, but it doesn’t work if the beneficiaries are too stupid to take advantage of the gift. The scarce and precious commodity in this case being people, w...

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