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Home » Transcript: The Age of Depopulation With Nicholas Eberstadt – Uncommon Knowledge

Transcript: The Age of Depopulation With Nicholas Eberstadt – Uncommon Knowledge

Read the full transcript of demographer and economist Nicholas Eberstadt’s interview on Uncommon Knowledge with host Peter Robinson on “The Age of Depopulation”, September 12, 2025.

Introduction

PETER ROBINSON: All around the world, something dire is happening. For the first time since the bubonic plague, demographer Nicholas Eberstadt discusses global depopulation on Uncommon Knowledge.

Welcome to Uncommon Knowledge. I’m Peter Robinson, a fellow at the American Enterprise Institute. Nicholas Eberstadt earned both his bachelor’s degree and a doctorate in political economy from Harvard. His books include the 2016 bestseller “Men Without Work: America’s Invisible Crisis.” In recent years, Dr. Eberstadt has devoted himself to studying demographics, in particular to global depopulation. Our text today, Dr. Eberstadt’s recent article in Foreign Affairs magazine, “The Age of Depopulation.” Nick, welcome back to Uncommon Knowledge.

NICHOLAS EBERSTADT: Thank you for inviting me back, Peter.

The Depopulation Bomb

PETER ROBINSON: All right, the Depopulation Bomb. Nick Eberstadt in Foreign Affairs. Quote, “Humans are about to enter a new era of history. For the first time since the Black Death in the 1300s, the planetary population will decline.” We’ll take this continent by continent in just a moment, as you do in your article, but give us an overview. How has the population behaved over these last seven centuries since the bubonic plague and what’s happening?

NICHOLAS EBERSTADT: Right. Well, since we last met our intrepid heroes in the 14th century, the world’s population has probably increased by something like a factor of 20. Not regularly, but very, very steadily. The reason for this is because human beings tend to procreate and they tend to procreate at slightly higher birth rates than their death rate levels. And that means gradual and indeed exponential population growth over time.

What’s happening now is new and I dare say completely different. In the past, when human numbers declined, it was usually as a result of a calamity: the plague, wars, other sorts of pestilence, upheaval, natural disasters. This time it’s different. Global health is higher than it’s ever been before. It’s continuing to increase with a few very small footnotes that are exceptions around the world, but not enough to affect the overall totals or trends.

What’s happening now is that we are marching towards below replacement fertility, towards a global pattern of childbearing which will be insufficient to sustain global population. And that is entirely new.

PETER ROBINSON: All right, I just have to… You just said it. You just said it very well. But it is so striking, possibly because I’m a boomer and grew up with the notion that we were suffering overpopulation. I’ve called this segment the Depopulation Bomb, after Paul Ehrlich’s famous book of the late 60s. I think it was a 1968 book called “The Population Bomb” that predicted such population growth that by the mid-70s—he was wrong, of course—but by the mid-70s, there would be mass starvations.

Now, what he was wrong about, I always thought, conservatives always thought, was that he missed human intelligence. He missed our capacity to grow. Not that he was wrong about the population. The population would grow, but resources would grow even faster. Okay, but this is not that argument. This argument is that he was wrong about the numbers. Population is going to shrink as we boomers depart from this world, not continue to grow. I’m just asking you to repeat it so I’m sure I’ve got it.

NICHOLAS EBERSTADT: We are on a long-term march, seemingly unstoppable, to planetary below replacement fertility. It is possible we already have reached that threshold. It’ll take us a couple of years because we have to look in the rearview mirror until the statistics catch up with us.

Asia: The Dramatic Decline

PETER ROBINSON: All right, Asia. We’ll go continent by continent. Very briefly, Nick Eberstadt again. This is from Foreign Affairs. “In China, Japan, South Korea and Taiwan, by 2022, every population was shrinking.” Again, to a boomer like me, the idea that China—we were raised with a notion that China was going to grow—all of these countries are actually shrinking and have been for three years at least.

NICHOLAS EBERSTADT: Yeah, it’s really hard to wrap one’s head around this, but the childbearing patterns in East Asia are about 50% below the level that would be needed for long-term population stability. We are flirting with a regional average of about one birth per woman per lifetime in East Asia. And in some places like Taiwan, like South Korea, like large portions of enormous China, we’re already well below one birth per woman per lifetime.

PETER ROBINSON: So help me with the math here. I’m tempted to say the math is as simple as this: Father, mother, one child. That means the overall population halves in each generation. Can that possibly be true?

NICHOLAS EBERSTADT: That’s about correct for the region as a whole. Unless something radical changes, we can expect that rising cohort of babies, of newborns, to be half as large as the parental cohort.

# China’s Unexpected Response

PETER ROBINSON: And now China. I’m staying with Asia for just a moment. China had famously imposed a one-child policy in 1979, but replaced it in 2016 with a two-child policy. And all my Chinese friends in California tell me it’s very easy to buy your way out of the two-child policy. If you want three or four, there are fees you pay and bribes. You can have a big family, big-ish family in China if you want, but nobody does.

NICHOLAS EBERSTADT: No, no. I mean, what’s happened in China is really fascinating. After that catastrophic and cruel one-child policy was not even suspended, but after the quota was adjusted, the overlords in Beijing thought that they were going to be able to tweak the size of the herd kind of the way that a rancher would with a flock. But the pigs in Animal Farm, or whatever the analogy is, didn’t go along with that.