Question: Why in a reversed Dynamic Maltusian model, y0 here is viewed as an unstable equilibrium, and y1 is viewed as a stable equilibrium?

Why it is true that line before y0 will not return to y0, instead converge to 0?

onomy of the imaginary planet Fakeon with all the star s an idiosyncratic population growth function, gz = N(y). The population g rate initially falls as per capita income increases. However, after some level of income per capita the popul growth rate rises with per capita income. The following diagram illustrates. J L7 1/ PSA JJJ JL = N(y) 5 nfortunately, Western intellectuals became enamored with the relative success of Soviet-style command economies in the 193 ormative editorializing: This is a good thing