That's the title of a new short Kindle e-book by Philip Auerswald (@auerswald) and Joon Yun (@DrJunYoon). The book is, in part, a longer-form treatment of several of the main ideas from Auerswald's The Coming Prosperity, particularly Chapter 2: Demographic Dividends.
The book grapples seriously with Walt W. Rostow's observation that: "Up to this point, the conventional concern has been the adequacy of resources and the deterioration of the environment as new industrial countries move forward to technical maturity and beyond. These legitimate concerns give way in the next century to the quite different agenda of societies with declining or stagnant populations."
Naturally the book is strongly recommended, even if, like me, you have no intention to stop burying gold bullion in your backyard (the authors recommend real estate and health care investments as more appropriate alternatives.) You can find the book through Amazon--you do not need a kindle to read it.
Table of Contents
Chapter 1: Why depopulation is all but inevitable
The population explosion: A dramatic exception in human history.
A unique characteristic of our historical moment: Depopulation coinciding with aging.
Chapter 2: Demographics and investment from pre-history to the present
The Agrarian Era (40,000 BCE-1800 CE): Riches through conquest
The Mercantile Era (~1200-2000): Fortunes through arbitrage
The Industrial Era (~1800-present): Wealth through economies of scale
Chapter 3: The return of yield
Four core trends
Depopulation and aging
Depopulation and urbanization
Depopulation and international migration
Depopulation and price volatility
The return of yield
Chapter 4: How and where to invest in a depopulating world
Impact on Investment by Asset Class
Human Resource Management
Residential real estate
Commercial real estate
Chapter 5: "The future ain't what it used to be"