An interesting 30min simple overview of the economic system. The moral: invest in productivity. My thoughts: Increased productivity leads to economic growth. A great way to increase productivity is to increase efficiency. Increased efficiency thus leads to economic growth. Economic growth leads to more resources being used and produces more waste. Then why is efficiency, especially energy efficiency, considered by most as a way to tackle environmental issues which requires reducing resources and waste? :) The only way to get there with this system, is to reduce the environmental impact linked to each dollar in the economy faster than the growth in dollars. This issue requires much more attention. This is what environmentalists should focus on. Merely encouraging people and businesses to be more efficient might not lead to the expected results ;)
Posted on: Mon, 23 Sep 2013 14:13:04 +0000
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