3 ms·

Cue to a physicists view on this subject (starting from basic termodynamic principles): https://dothemath.ucsd.edu/2012/04/economist-meets-physicist/ https://d

Cue to a physicists view on this subject (starting from basic termodynamic principles): https://dothemath.ucsd.edu/2012/04/economist-meets-physicist/ https://dothemath.ucsd.edu/2012/04/economist-meets-physicist...

lcam84 7y ago
You also have the club of rome that used system theory and arrive the conclusion that growth have phisical limits [1]. We can also see the work of Vaclav Smil [2] [1] https://www.youtube.com/watch?v=U7Z6h-U4CmI&t=187s https://www.youtube.com/watch?v=U7Z6h-U4CmI&t=187s [2] https://www.gatesnotes.com/Books/Growth https://www.gatesnotes.com/Books/Growth
spodek 7y ago
Do the Math is one of my favorite sites on the internet for the value and perspective it brings. I had a few great conversations with its author on my podcast http://joshuaspodek.com/guests/tom-murphy http://joshuaspodek.com/guests/tom-murphy. I found this report valuable too: Decoupling debunked – Evidence and arguments against green growth as a sole strategy for sustainability: https://eeb.org/library/decoupling-debunked https://eeb.org/library/decoupling-debunked.
jffhn 7y ago
From the article: "the view of many of our economics colleagues (...) that technology will always find a substitute for any depleted resource" Natural resources depletion has been deliberately overlooked by classical economics from the beginning of this field: "Natural resources cannot be exhausted, otherwise, we couldn't get them for free. As we can neither multiply them, nor deplete them, there are out of the scope of economic sciences." (Jean-Baptiste Say, Traité d'Economie Politique, 1803) (That might have made sense at the time, since we were using much less of them.) The idea that technology can make up for resources depletion is maybe a rationalization of this principle.

3 ms·

Cue to a physicists view on this subject (starting from basic termodynamic principles): https://dothemath.ucsd.edu/2012/04/economist-meets-physicist/ https://d

by enriquto 7y ago

lcam84 7y ago
You also have the club of rome that used system theory and arrive the conclusion that growth have phisical limits [1]. We can also see the work of Vaclav Smil [2] [1] https://www.youtube.com/watch?v=U7Z6h-U4CmI&t=187s https://www.youtube.com/watch?v=U7Z6h-U4CmI&t=187s [2] https://www.gatesnotes.com/Books/Growth https://www.gatesnotes.com/Books/Growth
spodek 7y ago
Do the Math is one of my favorite sites on the internet for the value and perspective it brings. I had a few great conversations with its author on my podcast http://joshuaspodek.com/guests/tom-murphy http://joshuaspodek.com/guests/tom-murphy. I found this report valuable too: Decoupling debunked – Evidence and arguments against green growth as a sole strategy for sustainability: https://eeb.org/library/decoupling-debunked https://eeb.org/library/decoupling-debunked.
jffhn 7y ago
From the article: "the view of many of our economics colleagues (...) that technology will always find a substitute for any depleted resource" Natural resources depletion has been deliberately overlooked by classical economics from the beginning of this field: "Natural resources cannot be exhausted, otherwise, we couldn't get them for free. As we can neither multiply them, nor deplete them, there are out of the scope of economic sciences." (Jean-Baptiste Say, Traité d'Economie Politique, 1803) (That might have made sense at the time, since we were using much less of them.) The idea that technology can make up for resources depletion is maybe a rationalization of this principle.