The total fertility rate needed to sustain a population is 2.1. Averaged over 2020–2024, South Korea’s stands at 0.78, Taiwan’s at 0.89, and Hong Kong’s at 0.79. Mainstream demography still treats these as cultural anomalies, when they are in fact the terminal readings of a century-long…This story appeared on mises.org , 2026-08-12 16:00:00.