Or to be a little picky, I think in describing long-run behavior are 3 options: - diverge to infinity (limitless growth) - converge to a finite value (perhaps

Or to be a little picky, I think in describing long-run behavior are 3 options: - diverge to infinity (limitless growth) - converge to a finite value (perhaps zero) - oscillate The accepted dogma today seems to be that we can aim at limitless growth, but that actors like central banks tug at stuff to keep the rate of growth mildly positive most of the time. If one believes we're smart enough to self-regulate to generally growing but dampening our boom/bust cycle, shouldn't we also be able to regulate total consumption to be within some healthy-ish bounds?