3 ms·
I beg to differ. The economic principles underlying both are the same — technology pushed the supply curve too far to the left, past the critical regeneration t
by schiffern 12y ago
I beg to differ. The economic principles underlying both are the same — technology pushed the supply curve too far to the left, past the critical regeneration threshold (which must exist for any self-renewing resource).
https://www.youtube.com/watch?v=HMmChiLZZHg#t=27m53s https://www.youtube.com/watch?v=HMmChiLZZHg#t=27m53s