Fewer and faster: Global fertility isn’t just declining, it’s collapsing

James Pethokoukis

But there’s another kind of Peak Human, a moment whose occurrence and timing are far more foreseeable. If you’re a Millennial or a younger Gen Xer, you’ll probably see the start of a long-term decline in human population due to the global collapse in fertility. That’s something that’s never happened before with Homo sapiens. While the most recent UN forecast sees a possible population peak of nearly 10.4 billion in the mid-2080s, plenty of other experts see our species’ numbers cresting at a far lower level — and much earlier:

A key factor in population projections is the fertility rate, particularly how it might change over time. When University of Pennsylvania economist Jesús Fernández-Villaverde calculates global fertility rates, he finds them “falling much faster than anyone had realized before.” Something more like that UN Low Scenario in the above chart. As Fernández-Villaverde (I will be referring to several of his papers and essay throughout) told me in an enlightening Faster, Please! podcast:

Choose life.