Do we need economic growth?
Sunday, June 14, 2009 10:16:05 AM
A good explanation we can read at this BBC web site:
http://news.bbc.co.uk/2/hi/uk_news/magazine/7674841.stm
However, the most important question is:
Can we have economic growth? Is it possible any longer?
The world's oil production will reach its top in 2016. And we have yet to find a solution the present economic and financial crisis. That would grant you the Nobel prize in economics.
Because you will then have to explain why an unemployment rate (joblessness) at 20 % or maybe 30 % is good for this planet. Why people who have dreamed of reading the complete works of Henrik Ibsen, should be able to do so, and without sinking into extreme poverty.
You deserve the Nobel prize because you are able in terms of economics to explain why the oil will last longer with an unemployment rate (joblessness) at 20 % or 30 %.
http://news.bbc.co.uk/2/hi/uk_news/magazine/7674841.stm
However, the most important question is:
Can we have economic growth? Is it possible any longer?
The world's oil production will reach its top in 2016. And we have yet to find a solution the present economic and financial crisis. That would grant you the Nobel prize in economics.
Because you will then have to explain why an unemployment rate (joblessness) at 20 % or maybe 30 % is good for this planet. Why people who have dreamed of reading the complete works of Henrik Ibsen, should be able to do so, and without sinking into extreme poverty.
You deserve the Nobel prize because you are able in terms of economics to explain why the oil will last longer with an unemployment rate (joblessness) at 20 % or 30 %.