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Re: Govt economic advisor warns British defence planners that growth is ending... and it's not just the U.K.
- From: John Newman <jnn AT synfin.org>
- Subject: Re: Govt economic advisor warns British defence planners that growth is ending... and it's not just the U.K.
- Date: Fri, 13 Jul 2018 11:10:11 -0400
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- To: jim bell <jdb10987 AT yahoo.com>
On Fri, Jul 06, 2018 at 05:20:30PM +0000, jim bell wrote:
> This article sure sounds foolish. As I see it, the main driver in the increase in "growth" (other than population) is productivity. Productivity tends to be driven by gradual adoptions of automation, which has been a major factor for 50+ years, and actually far larger. Automation isn't going away, and will only increase in effectiveness for decades
> Energy is a factor, but society is well on its way to the widespread adoption of solar and wind energy. Solar is useful in most locations, and wind will eventually be useable just about everywhere, 24 hours per day, with the use of low-resistance materials to conduct that energy, for example metallic carbon nanotubes. (MCNTs).
> Jim Bell
Personally I wish the "progressive left" could get over its deep fear of
nuclear energy, and we could build some modern reactors. Maybe when (if)
they ever get a fusion reactor that can substain a reaction...
Of course, solar and wind power is great :) Anything to stop burning
more fucking carbon..
> On Friday, July 6, 2018, 9:15:13 AM PDT, Steven Schear <schear.steve AT gmail.com> wrote:
> "If we extrapolate this trend forward, labour productivity growth would reach zero by 2028."
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