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The more important question is: can we have growth in economic output (which is what we actually want) without growth in economic input (which is purely instrum
by hx87 7y ago
The more important question is: can we have growth in economic output (which is what we actually want) without growth in economic input (which is purely instrumental)?
- BlueTemplar 7y agoShort-term - maybe, though past history isn't exactly positive about that. Long-term : no, as this would reduce economic input to an arbitrary small fraction of the overall wealth, which anyone would be able to corner. So it's either self-limiting or unstable.