Sunday, January 13, 2008

Steady growth, finite resources, and arithmetic

This topic has little to do with IT Law, but it is part of my growing interest in the use of science for policy-making.

This video on YouTube has to be seen to be believed. There is an assumption that growth is good, our economic system relies entirely on steady growth. However, steady growth means that doubling figures, which means that resources start running out at a faster rate.

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