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Culture War Roundup for the week of November 21, 2022

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Well, that depends on your model of the mentality of rich people.

If you think of rich people as "those who are no longer bound by minor economic incentives", then sure, they will... not be affected by minor economic incentives, and you are obliged to think up another reason as to their counterfactual fertility.

But if you think of rich people as "those who are compulsive money-grubbers and coupon-clippers which is why they're rich" then the amount of money they have in the bank has nothing to do with how they respond to minor economic incentives, and their fertility follows naturally from their exposure to those incentives.

Explanation #2 wins at Occam's Razor.