Exponential Economist Meets Finite Physicist | Do the Math
Exponential Economist Meets Finite Physicist Posted on 2012-04-10 by tmurphy 67 views this month; 0 overall Some while back, I found myself sitting next to an accomplished economics professor at a dinner event. Shortly after pleasantries, I said to him, “economic growth cannot continue indefinitely,…
Hasnain says:
This is 3 years old. But well worth reading for everyone, especially economists (not to drag on the profession); given how everything is about growth
"Physicist: Wow. Do you really believe that? A physically limited resource (read scarcity) that is fundamental to every economic activity becomes arbitrarily cheap? [turns attention to food on the plate, somewhat stunned]
Economist: [after pause to consider] Yes, I do believe that."
Posted on 2015-09-14T06:49:50+0000