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Whoever says this is falling into a "limited resources" type of fallacy and is stuck in some form of local-maximum thinking. It's one of the big failures of eco
by raspasov 5y ago
Whoever says this is falling into a "limited resources" type of fallacy and is stuck in some form of local-maximum thinking. It's one of the big failures of economics that it treats resources as "finite". There's zero evidence that anything is really finite anywhere in nature. Why should it be finite in economics or finance?
Providing crackpot, pseudo-philosophical examples of why something can't be done can make me look smart but ultimately has no utility.