Chapter
The Impact of Economic Growth on Energy and Resources
29:37 - 39:45 (10:07)
The speaker argues that the current economic system is based on a claim on future energy and resources, and that economic growth has been declining for the past 50 years due to a decrease in human cleverness and ingenuity.
Clips
Economic growth has hit a 50-year low, and we have financial claims on a dwindling pool of energy and resources.
29:37 - 33:50 (04:13)
Energy
Summary
Economic growth has hit a 50-year low, and we have financial claims on a dwindling pool of energy and resources. While money can be printed, energy cannot, leading to a challenge in the coming decades.
ChapterThe Impact of Economic Growth on Energy and Resources
Episode#508 - Nate Hagens - The World's Coming Energy Catastrophe
PodcastModern Wisdom
The increased human consumption per capita is attributed to human cleverness and ingenuity in creating economic rules, resulting in a claim on future energy and resources that requires repayment and interest payment every year.
33:50 - 39:45 (05:54)
Economic Growth
Summary
The increased human consumption per capita is attributed to human cleverness and ingenuity in creating economic rules, resulting in a claim on future energy and resources that requires repayment and interest payment every year.