reSee.it - Tweets Saved By @mmjukic

Saved - November 14, 2024 at 2:12 PM
reSee.it AI Summary
I highlight the stark contrast in electricity prices between Europe and the U.S., where European rates have surged while U.S. prices remain low. Currently, no European country offers cheaper electricity than the U.S. I argue that Europe must focus on nuclear energy to meet its industrial needs, as alternatives like solar and wind are impractical given regional limitations. I also emphasize that Europe's energy policies are self-destructive and suggest that adopting new nuclear technology is crucial for its economic future. Lastly, I note that job losses in Europe may shift to China, urging America to assist Europe economically.

@mmjukic - Marko Jukic

I can show you in one simple chart why industry wants to flee Europe for America: from 2019 to 2023, electricity prices in Europe skyrocketed, more than doubling in Britain and even Poland, up 50% in Germany and Italy. Meanwhile, cheap U.S. electricity has gotten even cheaper. https://t.co/p6wKIL8yj3

@mmjukic - Marko Jukic

Not a single European country has electricity cheaper than the U.S. now (6.48 pence per kWh), but the closest are Norway (6.64), Finland (6.81), and Sweden (7.65). These three countries get almost all of their electricity from hydropower and nuclear power. https://t.co/d5hOhowKzm

@mmjukic - Marko Jukic

There are only so many possible sources of abundant energy for a wealthy, highly industrialized continent of 500 million people. If piping in Russian and Iranian gas is now out of the question, then the only option is a nuclear buildout the likes of which has never been seen.

@mmjukic - Marko Jukic

Despite the fact nuclear power is basically an infinite energy glitch, only France and some of the former communist countries ever attempted to really build a nuclear grid. France should double its nuclear capacity, then every other country should match France. No other option. https://t.co/tWZ9dEuWmP

@mmjukic - Marko Jukic

The idea of powering European industry with solar and wind power on a continent where the north has no sun and the south has no wind is just laughable.

@mmjukic - Marko Jukic

This isn't just about Europe vs. America. No country or region on the planet does as much self-inflicted damage to its energy supply as Europe. You can't refuse to drill, refuse to import, refuse to build nuclear plants, and still have abundant energy. Nobody else does this.

@mmjukic - Marko Jukic

Didn't China just invent a nuclear reactor that can't melt down? Wasn't that the main objection to nuclear power? Order 1000 of them, immediately. Anything less condemns Europe to poverty and irrelevance by the end of the century.

@mmjukic - Marko Jukic

One more thing: most of the jobs Europe loses aren't going to go to America. They're going to go to China. Which is why America should try a little bit harder to prevent Europe from imploding economically.

Saved - September 6, 2023 at 4:48 PM
reSee.it AI Summary
A Swedish study reveals that the real replacement fertility rate is higher than commonly believed. Having 2 kids doesn't guarantee descendants over the long term. In early 20th century Sweden, 25% of parents with 2 kids saw their lineages die out within a century. The probability of having no descendants after 120 years is near-zero at around 5 kids. Mortality and childlessness play significant roles. Today, childlessness is rising while child mortality has decreased. Increasing the number of kids may be the best way to ensure lineage continuation. High fertility parents drive population growth.

@mmjukic - Marko Jukic

I think the real replacement fertility rate is not 2.1 kids per woman. It's 5.1 kids. A recent Swedish study found that in a generation born 1885-1899, an incredible 25% of people who had 2 kids had *zero* descendants by 2007! For 1 kid? 50%. A 🧵 on long-term fertility:

@mmjukic - Marko Jukic

The 2.1 number seems intuitive and is taken as moral or life advice. Two is good enough to sustain populations. More would dilute investment in each child or cause overpopulation. But it is actually just a statistical artifact that varies considerably based on mortality.

@mmjukic - Marko Jukic

Suppose you aren’t interested in playing your small part in statistically replenishing an entire population to the next generation, but rather interested in replenishing your own family dynasty or lineage over the long-term. What’s the real replacement fertility rate then?

@mmjukic - Marko Jukic

Early 20th century Sweden saw falling child mortality and avoided the World Wars. Yet a full 25% of parents with two kids still saw their lineages die out within a century. This is replacement over the short-term, but doesn’t sound like replacement over the long-term.

@mmjukic - Marko Jukic

According to the study, the probability of no descendants after ~120 years reaches near-zero not at 2 or even 3 kids, but rather at about *5 kids.* So if you were an adult in early 20th century Sweden who wanted great-grandchildren, you should’ve aimed for five kids, not two.

@mmjukic - Marko Jukic

How does a person with 2 kids in the early 20th century fail to have any grandchildren? Ballparking it, looks like a roughly 30% chance of your kids dying before reproducing, plus a roughly 20% chance of childlessness without dying. Thus a 50% chance for 1 kid, 25% for 2.

@mmjukic - Marko Jukic

Importantly, most of the effect seems not to be poor hygiene causing infant mortality, but adult mortality and permanent childlessness. Some traditionalists might be shocked to learn that it was normal throughout 20th century Europe for 15-25% of women to remain childless!

@mmjukic - Marko Jukic

These numbers get much crazier if you do factor in child and young mortality: If I'm reading this right, of all people born from 1885-1899, maybe about 57% had zero descendants by 2007. In just over one long human lifetime, only a minority of people had any descendants at all!

@mmjukic - Marko Jukic

Today, child mortality has fallen to negligible rates… …but childlessness has been rising for decades: about 15-20% of post-reproductive age women in e.g. the U.S. or Germany are childless today. Simultaneously, young Americans are increasingly dying deaths of despair.

@mmjukic - Marko Jukic

In 30 years, it seems relatively likely that a child born today will live in a society with higher rates of adult mortality, later birth ages, and higher rates of voluntary or involuntary childlessness. In other words, perhaps not too dissimilar from early 20th century Sweden.

@mmjukic - Marko Jukic

If we take this Swedish study as a guide, then there is perhaps a 25% chance you will have zero descendants in a century even if you have two kids. If you care about your lineage, you literally have a better chance of surviving Russian Roulette (16.67% chance of death).

@mmjukic - Marko Jukic

You can control your own fertility. But you can’t control *your children’s,* let alone grandchildren’s. In 2023, they may still die before reproducing or decide not to reproduce at all. These in fact aren’t negligible chances, but uncomfortably large ones that pile up quickly.

@mmjukic - Marko Jukic

Parents can do many things to increase the chance of kids having kids of their own, when it comes to upbringing, values, and care. But statistically, perhaps the best thing to do is just have *more* kids. If *you* don’t, then to continue the lineage *they’ll* need to.

@mmjukic - Marko Jukic

Human demographics is not the story of well-adjusted normal people safely raising 2.1 kids who all go on to grow up comfortably and have 2.1 kids of their own, reproducing the species with perfect efficiency from generation to generation…

@mmjukic - Marko Jukic

…rather up to half of people succumb to early death or childlessness, their deaths made up for by the rest who reproduce often far above 2.1 kids. This is high churn; the ideal strategy is then not to be a fertility satisficer, but to be a fertility maximizer. Go for five!

@mmjukic - Marko Jukic

If 5 kids is a 99% chance of descendants in 120 years even under harsh conditions, the interesting question is how many kids you need to nearly guarantee descendants in, say, 1000 years. How far into the future do 10 kids get your lineage? Likely centuries longer than 2 kids...

@mmjukic - Marko Jukic

The guardians and workhorses of the human species are high-fertility parents. It is the *additional* child who defeats death and grows population, not the first child. And each child is a potential ancestor to hundreds or even millions of future people on a long enough timeline.

@mmjukic - Marko Jukic

Some have asked if this changes based on class or wealth. The answer is yes, it does. Farmers were better off than "high status occupations," but everyone generally saw similarly high rates.

@mmjukic - Marko Jukic

Further reading, now that I know this thread won't get crushed by the algo for outside links: Original study: https://www.sciencedirect.com/science/article/pii/S1040260822000211 On childless Europe: https://link.springer.com/chapter/10.1007/978-3-319-44667-7_2 On childless America by @lymanstoneky: https://ifstudies.org/blog/the-rise-of-childless-america

Fading family lines- women and men without children, grandchildren and great-grandchildren in 19th, 20th and 21st Century Northern Sweden We studied to what extent family lines die out over the course of 122 years based on Swedish population-level data. Our data included demographic and … sciencedirect.com
Childlessness in Europe: Reconstructing Long-Term Trends Among Women Born in 1900–1972 This study combines census, survey, and vital statistics data to reconstruct childlessness trends among women born between 1900 and 1972 in 30 European countries. After discussing the available sources, their strengths and weaknesses, and the selection of data used... link.springer.com
The Rise of Childless America Family life in America is changing: marriage is increasingly being postponed, cohabitation is rising, more young people are living with parents (or grandparents), and childbearing is falling. Emerging from all these trends is one particularly striking trend: rising childlessness. Births postponed ultimately lead to births foregone entirely. And indeed, the main cause of declining fertility in America is increasing childlessness at all ages (or, put another way, declining first births, rather than declining second or third births).  ifstudies.org
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