Is there an ecological limit to economic growth?
Yes. The limit depends on many circumstances. Its commonly believed that the amount of resources define the limit but technology advance, efficient use of resources, use of regenerating resources, exploration (e.g. into space) can resolve that problem. Unfortunately the economists are mostly focusing on getting profits and using resources until they vanish. They seem that they don’t like to think about costly technology advance or fast changes in industry. Most economist perceive technology advance as unprofitable because science require money investment (they don’t like word of unprofitable). Also the idea to change profitable industry into developed and safe to environment by huge costs just don’t fit into their heads. The way most of them think is restricted to few words: “profit and small costs”. The environment have to wait… They will worry when it will be too late. I don’t say there are no smart economist that knows and care about what is going on but I am sure that even now ne
