How endless population growth makes us poorer

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By Leith van Onselen

Fairfax’s Ross Gittins has posted a cracking article today lambasting Australian economists’ blind faith in endless population growth and a “Big Australia”, arguing that it is a recipe for lower living standards:

Slower population growth meant slower growth in real gross domestic product and this would also make it harder to get the federal budget back into surplus, we were told.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.