@prakashthangavel.bsky.social
Reposted
“The biggest economic mistake this civilisation made was to assume that supply and demand are positively correlated: that is, to assume that an escalating demand can be met by increasing supply, on the very planet where supply never changes”
tsakraklides.com/2024/09/26/c...
tsakraklides.com/2024/09/26/c...
Climate: The Hidden Economic Regulator
The reason why Earth’s economy does not endure boom-and-bust cycles is that everything on this planet is completely reusable, guaranteeing the availability of an endless supply of resources for all…
tsakraklides.com
November 13, 2024 at 6:19 PM
“The biggest economic mistake this civilisation made was to assume that supply and demand are positively correlated: that is, to assume that an escalating demand can be met by increasing supply, on the very planet where supply never changes”
tsakraklides.com/2024/09/26/c...
tsakraklides.com/2024/09/26/c...