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Reply #113: Yes, an abundant cheap energy source would do it [View All]

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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-05-11 11:31 PM
Response to Reply #112
113. Yes, an abundant cheap energy source would do it
the constraints that resource limits place on production, at the current very high level of production, could be alleviated by an abundant cheap source of energy.

Lacking sufficient affordable energy inputs, economic growth is constrained - thats simple enough even in classic economics. And again, high unemployment is the result of a population which is growing faster than the economy is growing. The total employment numbers are at a historic high, but population has increased past the point where even a historic high is adequate.
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