Scarcity exists - people have infinite wants, resources are limited 3/n
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Some libertarians think escape from Malthus is permanent, but considering this event is barely 250 yrs old, lets not be sanguine! 14/n
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So, when a journalist/Davos personality shares some politically correct bromide and relates it to econ growth, ask yourself these qns 15/n
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1) Is the proposal relevant to technological and process innovation? 2) Has the proposal any support from economic history? 16/16
End of conversation
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