3 ms·
The Abandonment of Growth and the Decline of the West (2022)
- khelavastr 9mo agoIt's always suspicious when someone describes a historic economic change around 1970 without mentioning the gold standard. Many old thoughts. But bro needs to realize that actual growth and economic growth are different. If you follow this author's logic, a supply of infinite corn will lower economic well-being by crashing food and biofuel prices. It very well might--and if it does, there's a distribution problem. But in reality, we still have a lot of production to unlock and distribution isn't strictly a limit.