The American Enterprise Institute is a public policy think tank dedicated to defending human dignity, expanding human potential, and building a freer and safer world. The work of our scholars and staff advances ideas rooted in our belief in democracy, free enterprise, American strength and global leadership, solidarity with those at the periphery of our society, and a pluralistic, entrepreneurial culture.
Global fertility in 2023 sat just 3 percent above replacement level, an American Enterprise Institute report argues, with East Asia now below one birth per woman and over 50 countries recording more deaths than births.
Sixty years of income data complicate the usual generational story. The bigger shift came when the two-earner household stopped delivering the same boost.