AIEC Australian International Education Centre Budapest Europe
AIEC Budapest news about international education, study, student, travel and SEO marketing news for Australia, Europe and Turkey.

Population Growth is Prosperity and Productivity

Population Growth is Prosperity and Productivity

Populate or live in boredom. TELL me where you live, and I’ll tell you how prosperous you are. You are better off if you are close to others and their ideas, their supply and demand. The more people that are connected by trade, the more you can make use of knowledge and work that you have not learned or performed yourself. Coasts are wealthy whereas mountainous areas are often poor.

Economists have calculated that a city that is twice as big as another city is almost 10 per cent more productive, because it can engage in a more advanced division of labour. Everybody can focus on what they do best and perfect their skills and invest in supporting technology, and buy the rest from others. It is easier to find the right talent, workers and customers, and you get a multitude of lifestyles and tastes, which creates a more dynamic, pluralist and exciting society….

No Responses to “Population Growth is Prosperity and Productivity”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: