TY - JOUR AU - Fogel,Robert W. TI - Economic Growth, Population Theory, and Physiology: The Bearing of Long-Term Processes on the Making of Economic Policy JF - National Bureau of Economic Research Working Paper Series VL - No. 4638 PY - 1994 Y2 - September 1994 UR - http://www.nber.org/papers/w4638 L1 - http://www.nber.org/papers/w4638.pdf N1 - Author contact info: Robert W. Fogel Director, Center for Population Economics University of Chicago, Booth School of Business 5807 S. Woodlawn Avenue, Suite 367 Chicago, IL 60637 Tel: 773/702-7709 Fax: 773/702-2901 E-Mail: rwf@cpe.uchicago.edu M2 - featured in NBER digest on 1994-02-01 AB - This paper sketches a theory of the secular decline in morbidity and mortality that takes account of changes in human physiology since 1700. The synergism between technological and physiological improvements has produced a form of human evolution, much more rapid than natural selection, which is still ongoing in both OECD and developing countries. Thermodynamic and physiological aspects of economic growth are defined and their impact on growth rates is assessed. Implications of this theory for population forecasting, measurement of national income, demand for leisure, pension policies, and for the demand for health care are considered. ER -