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Lower population does not *imply* lower unemployment...

of course, you are correct - lower population does not in and of itself imply lower employment - what it does imply is a bigger slice of a limited sized pie for each inhabitant...

But, imo, you are wrong about this:

that population growth implies more capital...

By the rosiest estimates, the number of people employed in this country increased by 2.8 million workers since its most recent nadir of November 2001 - in that same time frame the part of the population that is participating in the work force (the employed and unemployed)increased by 4.8 million (total population increase over 7 million in that time). How in the world could that realistically imply more capital?

And you repeatedly say something to the effect of:

If the supply and demand for workers is allowed to clear (i.e., no government controls restricting the ability of workers and employers to contract at whatever wage rates they agree, no government restrictions on labor mobility, and no involuntary unemployment caused by a central bank's interference in the banking system)...

Again, I don't disagree with that and I understand and am supportive of most Austrian economic theory, to some degree, BUT this is much like saying: "If Mars had an oxygen atmosphere we could all go live there." True enough. But it doesn't and we can't.

The fact is that we do live in a world regulated by governments and manipulated by central bankers. That is not going to change. At least, not to the extent that would be necessary for your hypotheses of a world that is going to be saved by capitalism to come to fruition.

My analysis of what a growing population will mean to the world and the U.S. is based on the way things are not on the way you are I would like them to be.....

Respectfully, yours is one of the pollyannic viewpoints to which I was referring.



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