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A forest of exponentials

November 17, 2010

We believe that an exponentials analysis can alone explain an impending collision between an economic system which, by its nature, must grow, and a finite resource set which, ultimately, cannot grow. When this collision eventuates, it is likely to be one of the most important changes in the lifetime of anyone reading this report.

The aforementioned report, somewhat intriguingly, is from city brokerage firm Tullett Prebon. Dangerous Exponentials is their latest strategy briefing, and it argues that the economy faces a ‘forest of exponentials’. The money supply, energy use, and population are all rising at unsustainable curves.

2 Comments leave one →
  1. November 17, 2010 9:10 am

    Well – when natural scientists make such statements, they are regularly ignored or played down. Maybe that changes when more and more high priests of the money religion come to the same obvious conclusions.

    • November 17, 2010 11:01 am

      History would suggest that’s the case. It was the Stern Review that made the British government sit up and take notice of climate change. The environment can go hang, but climate change affecting economic growth – well, that’s something that needs to be addressed.

      Still, the more voices from more walks of life we have talking up the common sense of post-growth living, the better as far as I’m concerned. Well done Tullett Prebon for going against the status quo here and speaking some truth to the City.

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