Summary:Â Previous posts about the future of economic growth in America have examined the drivers of growth. Today we look at the most commonly cited barrier to growth: a future scarcity of natural resources. Contents Doom by the year 2000 Predictions of resource scarcity Reality of ample supplies Why have we not run out? For …
Looking at natural resources as limits to growth Read More »
Summary: One of the saddest aspects of the Internet is that it so often fails to make us smarter. In a mutant version of Gresham’s Law, loud amateurs too-often drown out the voices of experts. Here we an excerpt from a 1975 book that tells us more about Peak Oil than a typical dozen posts …
Recovering lost knowledge about exhaustion of the Earth’s resources (such as Peak Oil) Read More »
More exhortations to continue the course in “Losing the War of Exhaustion” by Mark T. Kimmitt (Brigadier General, US Army, retired), Foreign Policy, 21 September 2009 — “It’s not low troop levels that stand to defeat the United States in Afghanistan. It’s plain old public fatigue.” Hat tip to Bernard Finel, who has some interesting comments …
