Money and Finance
The logic is surprisingly simple and irrefutable. Exponential growth, which is simply consistent growth at some percentage rate each year (or other time period), cannot proceed indefinitely within a finite system, for example, planet Earth. The fact that human populations continue to grow or that the extraction of energy and other natural resources continues to climb does not in any way refute this statement. It simply means that the absolute limits have not yet been reached.
Bartlett, who died this month at age 90, gave his lecture all over the world 1,742 times or on average once every 8.5 days for 36 years to audiences ranging from junior high students to seasoned professionals in many fields. His ability to stay on message for so long about something so important should make him the envy of every modern communications professional.
..................
Related site: albartlett.org
Related previous posts:
Miguel Barbosa’s Interview with Albert Bartlett
Arithmetic, Population, & Energy and The Crash Course
Video: Arithmetic, Population and Energy - FULL LENGTH
Video: Al Bartlett Interview
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- Arithmetic, Population, & Energy And The Crash Course
In Jeremy Grantham's 2nd Quarter Letter, he mentioned the fact that "....population growth is on a direct collision course with increasingly scarce resources." And near the end of his letter he wrote: Well, dear readers, happy thoughts and wishful...
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Money and Finance
The Problems with a Growing Population
Albert Bartlett might have been another obscure physics professor had he not put together a now famous lecture entitled "Arithmetic, Population and Energy" in 1969. The lecture, available broadly on the internet, begins with the line: "The greatest shortcoming of the human race is our inability to understand the exponential function."
The logic is surprisingly simple and irrefutable. Exponential growth, which is simply consistent growth at some percentage rate each year (or other time period), cannot proceed indefinitely within a finite system, for example, planet Earth. The fact that human populations continue to grow or that the extraction of energy and other natural resources continues to climb does not in any way refute this statement. It simply means that the absolute limits have not yet been reached.
Bartlett, who died this month at age 90, gave his lecture all over the world 1,742 times or on average once every 8.5 days for 36 years to audiences ranging from junior high students to seasoned professionals in many fields. His ability to stay on message for so long about something so important should make him the envy of every modern communications professional.
..................
Related site: albartlett.org
Related previous posts:
Miguel Barbosa’s Interview with Albert Bartlett
Arithmetic, Population, & Energy and The Crash Course
Video: Arithmetic, Population and Energy - FULL LENGTH
Video: Al Bartlett Interview
- John Mauldin's Outside The Box: Where Are Rates Headed And Why? - By Barry Habib
So the Fed stopped buying Mortgage Backed Securities, and people are wondering if this will affect mortgage rates. There's been plenty of whistling past the graveyard, guesswork and denial, where so-called experts have been trying to tell us that...
- Chris Martenson: The Crash Course In 45 Minutes (or Less)
To commemorate our one-year anniversary, I'm pleased to announce that I am posting a free, condensed, 45-minute version of the Crash Course for your viewing enjoyment. The presentation it contains is part of a public talk delivered in Boulder, Colorado,...
- The Arithmetic Of Growth: Methods Of Calculation (sequel To The Most Important Video You Will Ever See)
Link to the post on Simoleon Sense: The Arithmetic Of Growth: Methods Of Calculation (Sequel To The Most Important Video You Will Ever See) .................... Related previous post: Arithmetic, Population, & Energy and The Crash Course- ...
- Arithmetic, Population, & Energy And The Crash Course
In Jeremy Grantham's 2nd Quarter Letter, he mentioned the fact that "....population growth is on a direct collision course with increasingly scarce resources." And near the end of his letter he wrote: Well, dear readers, happy thoughts and wishful...
- Jeremy Grantham's 2q 2009 Letter: Boring Fair Price!; Running Out Of Resources
Waiting for Markets to be Silly AgainA year is certainly a long time in markets, and so is a quarter. A year ago, equities globally – and everything else for that matter – were very overpriced, particularly if they were risky. A quarter ago, in mid...