Posted: Oct 05, 2013 7:55 pm
I'd imagine there are subtleties. You could have explosive economic growth in the IT sector and in intellectual property whilst seeing resource usage decline.
That said, I'm not sure why economic growth is a goal. I have a vague intuition that a fiat currency economy is only healthy when it is growing so that it can pay off the interest accumulated when most money circulating is debt.
That said, I'm not sure why economic growth is a goal. I have a vague intuition that a fiat currency economy is only healthy when it is growing so that it can pay off the interest accumulated when most money circulating is debt.