Substitution is one reason why we won't run out of resources.

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#economics #knowledge #resources #shortage #capitalism #growth

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Комментарии
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What happens on the whales become extinct?

drmarkrieke
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Technology has improved so much that for every one whale you slaughtered 200 years ago, you can slaughter ten today. So you can make much more candles in the same amount of time.

chessandmathguy
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The best substitution is using people who are smart, for people who are stupid !!

louis
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This is Professor Tupy who is the co-author along with Professor Pooly of the remarkably engaging and persuasive book "Superabundance". Well worth the time and a source of great hope for the future. Cheers.

dl
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The natural environment, forests, water, air...in the US today is better than it was when I was a kid in the 70's

mfawls
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Mate you know nothing, we literally did run out of whales - source my uncle was a whaler

themadplotter
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Dude we don't need to substitute resources. We need to substitute governments

austinmccollum