The difference between 12 billion and 9 billion people in 2050 is one child per woman. If all the world’s women were educated to secondary level, fertility would drop by about 1.7 children per woman.
Everything which involves turbulence is enormously more complicated, not just a little bit more complicated, not just one year more of schooling, just enormously more complicated. [..] The behavior of economic phenomena is far more complicated than the behavior of liquids or gases.
— Benoît Mandelbrot
The end of the nineteenth century brought a rupture that shaped the world, a paradigm shift in which values ceased to refer to any fixed object. Values – whether religious, metaphysical, aesthetic, or economic – no longer relied on a transcendental idea (cf. anti–essentialism).
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