3 ms·
I don’t think we need to worry about steady state economics as long as we are on Earth. Ultimately the whole economy is a proxy for measuring the flows of trans
by kridsdale1 4y ago
I don’t think we need to worry about steady state economics as long as we are on Earth. Ultimately the whole economy is a proxy for measuring the flows of transformations of useless material and energy in to useful ones. The sun shines every day. That makes crops, which drive labor. Labor writes software, profits go up. The true input is the hydrogen cloud around the sun.
- danuker 4y agoStill, we need energy to keep entropy at bay. If we reach an equilibrium between input and losses, we might get into a steady state.