The Principles of Economics, with Applications to Practical ProblemsFetter, Frank A. (Frank Albert)
General
The Principles of Economics, with Applications to Practical Problems
Fetter, Frank A. (Frank Albert)
Economics
3. _Great improvements in medical and in sanitary science are decreasing
the death-rate and thus partly neutralizing the effects of a lower
birth-rate._ The death-rate in a community is a fairly good index of its
general welfare. The death of a large proportion of the children before
they arrive at maturity indicates poverty or ignorance. The death-rate
in the Middle Ages, especially in cities, was tremendously high, but
during the last hundred years has steadily decreased. The race of man
which, ever since the beginnings of volitional control, probably has had
a smaller death-rate relative to the total number of individuals coming
into existence than has any other species of living creatures, has
to-day a far lower rate than ever before. Even in the most miserable
industrial population where one half the children die before they are
five years old, the death-rate is much less than among the young of the
lion or the eagle.
[Sidenote: The quality of population counts]
4. _Volitional control is acting with the greatest force in the more
capable classes and thus threatens to reduce the quality of the
population._ The quality of population is of more import than its
quantity, alike in its economic, its social, and its ethical results.
The productive force of a population is not measured merely by numbers.
"Who" make up the population at any moment is no more a matter of
indifference than "how many." One new-born child represents a negative
addition to society, unintelligent, incapable, foredoomed to become a
burden; another, with energy, thrift, inventive genius, comes to enrich
and uplift his fellow-men. Quality counts for much.
[Sidenote: Change in the American birth-rate]
The average number of children reaching maturity in the families of the
American colonists was six; the average number to-day in families of
American descent is about two. Since many of these do not live to
maturity, and of those who do survive many do not marry, the stock does
not maintain itself in numbers. Much larger families are found among the
poor whites of the mountains, the foreign population, the rate negroes,
and, in general, in the lower ranks of labor. Forces are at work to
sterilize or reduce in number the more intelligent elements of the
population. The "new woman" movement, tempting into "careers," takes
away from family life many of the women most worthy to become the
mothers of succeeding generations, Self-interest is at war with the
social interest. The individual asks, "Am I bound to sacrifice my
comfort and happiness to the general good?" If this continues, the
result must be a steady decline in the proportion of the population born
of the successful strains of stock, and a steady increase of the
descendants of the mediocre and duller-witted elements.
[Sidenote: Rate of increase in the nineteenth century]
Public-domain text, read in full here on John Shaqi.
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