     |
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)  RSS available
You are not signed on; if you are a visitor please register for a free account!
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | What You Simply MUST Understand; entered at 2011-10-18 18:23:52 | |||
|
Steelhead23 Posts: 2043 Registered: 2008-09-09 Portland OR 
|
No time to read the blog now, but as regards the tendency to ignore the implications of exponents, I must remind the forum that economic growth is also an exponential function. So is population growth - and consumption. In stark terms, there is an ultimate limit to human population size and economic growth. There is an input - solar energy - and stored solar energy in the form of fossil fuels, but that's it. Are we approaching that limit? No, but we are consuming the stored energy much faster than it is being replaced and we haven't devised very efficient ways of capturing that solar energy flow, although we are improving. My point is simply this, we cannot grow forever. Indeed, we must develop a system to avoid excessive consumption of our fossil resources before we have a sustainable system of solar energy collection or the human population will need to shrink substantially. I'm not going to do the math because that would likely lead to Club of Rome type errors - and I don't wish to get too depressing. I just want to make a point conservatives seem to wish to ignore - there is a limit to growth.
2011-10-18 18:23:52
| |||