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Old 12-05-2008   #29 (permalink)
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Re: Need an economist on money creation?

That's what I said!

Here's the real issue: if you think we're totally doomed, then why worry? All you need to do is start building your own survival wagon!

You can certainly point to the fact that costs of extraction rise exponentially, but they always do. This has been true of gold and diamonds too.

And who's to say that something that falls out of MySpace (Hypography?) might be the reason why we come up with technological solutions to these issues of scarcity?

While fossil fuels may be tapped out, maybe we figure out alternatives. Green technology is indeed the next information technology boom.

70% of the Earth is underwater, but is a "gold mine" (literally) of mineral wealth sure its more expensive than the "cheap and easy" but think of all the people we put to work by *spending more* on extraction! And the economic Multiplier Effect that results from it!

Losing rain forests? Maybe we decide it's worthwhile to start *building* them up! And think of all the jobs we'll produce in the process!

No evil dooms us hopelessly, except the evil we love, and desire to continue in and make no effort to escape from,
Buffy


----------------
"If you do not agree with anything I say, I'll not only retract it, but deny under oath that I ever said it!"
__________________________________________________ ______________-- Tom Lehrer

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Hypography?

Hypography [n.]: A combination of "hyperlink" and "bibliography" - ie, a list of links to electronic documents. Comparable to discography and bibliography, but not cartography.

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