If the population is shrinking and the economy is stagnant, that would mean that overall the average wellbeing of a person in that population has increased, no?
true itself. Once you are developed and everyone is earning good enough to sustain and they are not interested in crap things. Things get really stable indeed.
The population is shrinking. The economy is stagnant. Unless you're talking about volcanic activity, how is Japan "growing"?
If the population is shrinking and the economy is stagnant, that would mean that overall the average wellbeing of a person in that population has increased, no?
Economy is stagnant because i don't they have much left to achieve maybe as well
It should be obvious: it is possible to reach a stable state. Growth is not the only option, or always desirable.
true itself. Once you are developed and everyone is earning good enough to sustain and they are not interested in crap things. Things get really stable indeed.