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David Ruffner
@davidruffner@raphus.social  ·  activity timestamp 2 weeks ago

I have been on a kick reading/listening about how human civilization will stop growing. It is crazy the disconnect between these physical limits and "common sense". People talk about how in the long term stocks go up in value. So much of our society is predicated on perpetual growth. But nothing grows for ever even if it has grown for the past few centuries.

Tom Murphy has a very solid argument about how economics is tied to the physical world, and physical limits will lead to the economy to stop growing. I recently came across his Comment in the journal Nature Physics
https://tmurphy.physics.ucsd.edu/papers/limits-econ-final.pdf

#limitsToGrowth

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