Home
/
RELIGION & LIBERTY ONLINE
/
If You Love Babies You Should Love Economic Growth
If You Love Babies You Should Love Economic Growth
Oct 17, 2026 10:54 PM

Today you’ll be hearing a lot aboutthis latest bit of bad —really, really bad —economic news:

Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the “advance” estimate released by the Bureau of Economic Analysis.

There are a lot of reasons why slow or negative economic growth is terrible, and I plan to write more about that soon. But many people don’t really understand why economic growth matters. While the issue plex and requires some nuance to fully explain, the simplistic answer is that economic growth matters because of babies. If you love babies — and want more of them around — you should love economic growth.

I’ve written about this topic before, but today seems an ideal time to revisit the issue.Before we explain the baby-GDP connection, though, let’s consider the consequences if there were to be a long period in the U.S. with no economic growth:

• Unemployment and poverty would skyrocket.

• The national debt would increase as tax revenues declined.

• Banks and other financial institutions would go bankrupt, leading to housing and credit crises.

• Housing and land prices would sharply increase.

• Food prices would increase, leading to famine in other countries and hunger in our own.

• Social welfare programs would have to be scaled back.

• Federal and state governments would not be able to service their debts.

• Workers would have to work longer hours to maintain their current standard of living.

In other words, as soon as economic growth stops, economic decline starts.

But what causes the immediate decline? In a word: babies. As the population increases, more resources are needed to feed, clothe, and shelter all of the new people that are being created. To understand why this is happens, let’s consider a scaled-down economic model.

Imagine a village that has 100 people living in a state of economic equilibrium, that is, their economy is neither growing nor shrinking. Everyone has just enough food, clothing, shelter, and other amenities to take care of themselves—no more and no less than enough for subsistence living. Now let’s imagine that a “baby boom” occurs, and 20 new children are added to the village. What happens to the standard of living for the villagers? Assuming that they redistribute their resources equitably, everyone (including the new children) will only have 83% of the resources they need to survive. Over time, they will begin to starve or die of malnutrition.

We can see this occurring today in countries with low economic growth. As the population increases, there are not enough resources for everyone to rise above the poverty level.

Similarly, in the U.S. we need to create around 400,000 new jobs every month just to keep up with the babies that are growing up and entering the labor market. If the economy does not grow there will be no jobs for them. In the short term, redistribution of resources (e.g., pensation, welfare) will prevent the unemployed from going hungry. But without long-term growth a country’s wealth es depleted, causing instability and social breakdown.

However, if the new workers do find jobs and are engaging in productive labor, the economy willautomaticallygrow as these laborers buy goods and services. Economic growth is, after all, a natural byproduct of productivity.

Economic growth is not a goal that should be pursued for its own sake, nor is it a means to achieve a materialist paradise. Economic growth is not the chief end of man, but merely the blessing that results from fulfilling God’s dual cultural mandate: Be fruitful and mulitply and steward the earth’s resources.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
The Despotic Reign of Fear
Yesterday was both Star Wars Day (May the Fourth) and the day that Donald Trump became the presumptive presidential nominee for the Republican party. I reflected on the confluence of these two phenomena in a short essay on what Mr. Trump might learn from Emperor Palpatine. It is not well-known, perhaps, but Palpatine was instrumental in creating the so-called Book of Sith, which includes a treatise by him on “Absolute Power.” I draw a couple of lessons for Mr. Trump...
The European Union: ‘A secular heaven on earth’
The New Totalitarian Temptation “is the best book ever written about the European Union,” says John Fonte, who just reviewed it for National Review. Acton’s director of international outreach, Todd Huizinga, wrote Totalitarian Temptation based on his experience with the U.S. Foreign Service in Brussels, Luxembourg, and Germany. As an American who spent two decades living and working in Europe, he has a few things to say about the European Union and its decline into a soft utopia. Fonte, a...
Where Billionaire Crony Capitalists Live
It’s never easy ing a billionaire, but the path to achieving a 10-figure level of wealth is smoother when you have the government as a business partner. Crony capitalism is a general term for the range of activities in which particular individuals or businesses in a market economy receive government-granted privileges over their customers petitors. Certain industries (like casinos and real estate) and some nations (Russia, the Philippines) are more prone to cronyism than others. So if you want to...
Christianity and the Rise of Capital
“Money has not only the character of money,” says Samuel Gregg in this week’s Acton Commentary, “but it also has a productive character which monly call capital.” Like all medieval clergy, Olivi and Bernardine fiercely opposed usury. “Usury,” Bernardine wrote, “concentrates the money of munity in the hands of a few, just as if all the blood in a man’s body ran to his heart and left his other organs depleted.” Yet the same Bernardine also invested time in explaining...
A Great and Mysterious Collaboration: How Trade Turns Work Into Fellowship
“The fruit of our labor is fellowship. munity. It’s relationship.” Global trade has suddenly emerged as a hot conversationin the current election cycle, with candidates likeDonald Trump and Bernie Sanders leading the charge toward severe protectionism, while the others quietly shrug and nod along accordingly. Voters of all ideological stripes areresponding with fervor, calling for more trade barriers and increased manipulation of prices and wages, hoping to insulate the American economy from our global neighbors and “keep what’s ours.” Such...
Lord Acton: Man of Multitudes and Contradictions
Lord Acton was a man of multitudes: he had a scholar’s library of about 67,000 volumes, his notes and manuscripts in the Cambridge library fill some 50,000 pages, and he produced 200 definitions of liberty. Yet despite his productivity, the man who was once called “the most learned Englishman alive” never published a book. At Open Letters Monthly, Luciano Mangiafico takes a in-depth look at the fascinating life of Lord Acton: Contradictions in Acton’s life and views abound: although he...
In Italy, Stealing Food Out of Hunger Is No Longer a Crime
Five year ago, Roman Ostriakov, a homeless Ukrainian living in Italy, attempted to steal cheese and sausages worth $4.50 (€4.07). Before he could leave the supermarket, though, Ostriakov was caught and convicted of theft. He was ordered to pay a fine of $115 (€100) and spend six months in jail. But Italy’s supreme court has overturned the conviction, writing: The condition of the defendant and the circumstances in which the merchandise theft took place prove that he took possession of...
Life in Exile: Has America Ever Been a ‘Christian Nation’?
Evangelicals are known for referring to America as a “Christian nation,” sometimes as a nod to its basic demographic disposition, but more often as a deeper theological statement about the country’sfounding and spiritual status. Whether viewed through the mundane misapplications of Old Testament scripture or the more highly entrenched revisionism of Christian “historians” like David Barton, there is a popular view among evangelicals that America has access to a sort of pre-New Testament covenant.Given such a mindset, we shouldn’t be...
5 Facts About the National Day of Prayer
Today is the National Day of Prayer, an annual day of observance celebrated by Americans of various faiths. Here are five facts you should know about the day when people are asked “to turn to God in prayer and meditation.” 1. The National Day of Prayer is an annual observance held on the first Thursday of May, inviting people of all faiths to pray for the nation. It was created in 1952 by a joint resolution of the United States...
Samuel Gregg on why Bernie Sanders was invited to Vatican
At Catholic Vote, Acton Research Director Samuel Gregg joins the web site’s political director Josh Mercer to look into the reasons why socialist and Democrat presidential candidate Bernie Sanders “was invited by ‘the Vatican’ (actually: Pontifical Academy of Social Sciences) to speak on e inequality.” Gregg and Mercer also discuss whether socialism is on the rise here in the United States. Tune in here. ...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved