Population Does Not Cause Poverty, Bad Economics Does
The idea that India’s large population is the reason for its poverty is still taught in economics classes, but it falls apart under basic scrutiny, says Sauvik Chakraverti, a libertarian thinker and economist, in “Free Your Mind: A Beginner’s Guide to Political Economy.” If wealth is created by humans working, producing and exchanging with each other, how can more humans cause poverty?