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Yep, this is exactly the point economist Julian Simon made in his essay, "Can the Supply of Natural Resources - Especially Energy - Really Be Infinite? Yes!" [
by jamoes 9y ago
Yep, this is exactly the point economist Julian Simon made in his essay, "Can the Supply of Natural Resources - Especially Energy - Really Be Infinite? Yes!" [1]
This exert from the conclusion sums up his argument well:
> Incredible as it may seem at first, the term "finite" is not only inappropriate but is downright misleading when applied to natural resources, from both the practical and
philosophical points of view. As with many important arguments, the finiteness issue is "just semantic." Yet the semantics of resource scarcity muddle public discussion and bring about wrongheaded policy decisions.
[1] http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR03A.txt http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR0...
- wazoox 9y agoThis is utter BS. It relies on bad analogies and not physical reality. The example given (copper) is absurd; recycling implies using energy (and disposal of waste heat), therefore you substitute a resource (copper ore) for another (used copper and energy). The analysis supposes that every resource is substitutable (they aren't), and that energy is infinite (it isn't).