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That's because economists know how growth is measured, and know you can have growth and reduce resource use and energy usage at the same time. Yes they are cur
by UK-AL 11y ago
That's because economists know how growth is measured, and know you can have growth and reduce resource use and energy usage at the same time.
Yes they are currently correlated, but not strictly. Growth is measured by what people spend, if people spend extra money on entertainment, and less on cars but overall more. You would see less physical resources being used. There's no strict rule linking the two.
- philbarr 11y agoIf people spent extra money on entertainment, wouldn't that drive down the cost of entertainment? Since the costs associated with entertainment are less and each company can afford to cut prices in order to compete?
- michaelt 11y agoGiven that the total cost of entertainment equals the amount of money people spend on entertainment, surely if people spend more on entertainment the total cost of entertainment must be higher?