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cactimedic235 cactimedic235
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10 years ago
What are the limits to the U.S. long-term economic growth? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
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icandy310icandy310
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10 years ago
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Source  http://www.shapingtomorrowsworld.org/lawnGrowth.html

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10 years ago
  • Resource limits
  • Energy limits
  • Services?
It is sometimes assumed that resource scarcity will not hinder economic growth because from here on the growth will mostly take place in the service sector. However, services use surprising quantities of materials and energy, for offices, lighting etc. Some of the biggest service industries are transport, tourism and travel; very energy intensive activities. Many service industries deal with material goods, such as insurance, advertising, transport, and retailing. Even if they used no material resources once they are established, growth in the number of service firms in existence would involve growth in the resources required for construction and equipment. Let us assume that from here on economic growth of 3 per cent p.a. takes place but it is all within the service sector. By 2060 the service sector would make up 96 per cent of the total economy and would be 12 times as big as it is now! It is not plausible that an economy churning out 8 times as much as at present would not have a much greater resource throughput than now.

  • Energy conservation and pollution control?
  • Our way of life is ecologically unsustainable
Source  http://www.ecoglobe.ch/sustain/e/trainer5.htm
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