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http://freakonomics.com/2014/01/24/can-economic-growth-continue-forever-of-course/ http://freakonomics.com/2014/01/24/can-economic-growth-conti...
by wcummings 11y ago
http://freakonomics.com/2014/01/24/can-economic-growth-continue-forever-of-course/ http://freakonomics.com/2014/01/24/can-economic-growth-conti...
- marcosdumay 11y agoWell, 1999 just called, and wants its New Economy religion back. Most economists have never placed a foot inside a datacenter. It's easy to understand how they imagine music (or books, software, etc) does not involve a physical process.
- wcummings 11y agoDo you think its more likely that all economists are shills who don't understand that datacenters consume power, or that economists model things on a shorter time scale than physicists?
- marcosdumay 11y agoBy this time, the current relevance of those inputs they ignore is big enough that their predictions' time horizon is somewhere on the last decades of the last century.