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Monday, October 6, 2014

Economists Blind To Lethal Limit Of Endless Growth

 
"Ooh... Gotta get me one!"

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Economists are blind to the limits of growth. "I have yet to see an economist present a coherent argument as to how humans will somehow break free from such physical constraints. Standard economics doesn't even discuss how energy is tied into growth, which it sees as the outcome of interactions between capital and labor. Why does using ever more energy matter? For one, it feeds directly into all the bad things we're trying to stop doing — polluting, destroying forests, wiping out habitats, covering the planet with an ever-denser network of roads. Our energy use — either by design or by accident — always ends up changing the environment in one way or another. Then there's the issue of climate change." Mark Buchanan in Bloomberg View



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