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Politics : Formerly About Advanced Micro Devices
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To: Maple MAGA who wrote (1429112)12/16/2023 9:07:35 PM
From: Wharf Rat1 Recommendation

Recommended By
Eric

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"You like these fairy tales of eternal economic growth"

There aren't enuf resources to grow forever.

Steady-state economy - Wikipedia
A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. [1]:?366–369? [2]:?545? [3] [4] The term usually refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire world. Early in the history of economic thought, classical economist Adam Smith of the 18th century developed the concept of a stationary state of an economy: Smith believed that any national economy in the world would sooner or later settle in a final state of stationarity. [5]:?78?

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