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That's not true, according to the book. Both the US and many foreign countries have peaked in their consumption of many important resources. Feel free to argue
by planet-and-halo 6y ago
That's not true, according to the book. Both the US and many foreign countries have peaked in their consumption of many important resources. Feel free to argue with the book's research, but I found it compelling.
- therealdrag0 6y agoI didn't read the book but listened to the econTalk episode with the author and read an article by the author with the same thesis. When I looked into it a bit I came away unconvinced. As much as I want to believe, I don't think he fully accounted for shifts in manufacturing. I forget exactly what I found, but if I where to guess it would be something like our imports of certain resources might have peaked, but that doesn't account to things that are manufactured in part/whole outside the US. If I buy an inflatable Kayak made in China, then how is that oil/rubber accounted for? US oil/rubber imports maybe have gone down, but have our inflatable Kayak imports gone down and is it tracked?