Celebrating 6 Billion
Celebrating 6 Billion: More the merrier When political freedom is secured and the market is unrestrained, more people increases demand, and therefore also the supply, and at the end there is more available for consumption than ever before. People are the ultimate resource, they just don't come with a mouth alone, but also a mind and a pair of hands. It is time to party and cut the cake on the arrival of the 6 billionth person on this planet, writes Barun Mitra. A shorter version of this article title "6 Billion and Growing" in The Economics Times, on 12 October 1999. • Problems of Plenty! • More people, Higher consumption, Falling prices! • Free but expensive to priced but cheap • Rising value of labour • Policies, not population, responsible for poverty • Breeding inequality • More the merrier! • History of World Population Birth of baby is usually a source of great joy. Therefore, on October 12, the date symbolically designated to mark the arriv...