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Higher oil prices makes everything more expensive. There's a pattern of increasing productivity in lockstep with technological advances over the last couple of
by bitshiftfaced 3y ago
Higher oil prices makes everything more expensive. There's a pattern of increasing productivity in lockstep with technological advances over the last couple of centuries. The question is: would making everything more expensive affect the speed of technological advancement, and how would that affect how fast we're able to reduce oil consumption?