Posted by: goodgoat | 7 February, 2009

Any Economists out there?

Goodgoat doesn’t have much of a grasp of economics but would like to understand something better – can anyone help?

Governments seems to expect that the global economy has to grow year-on-year, every year seemingly for ever? Aren’t there fatal (sic) flaws to this? Surely the resources of the world can’t sustain growth for ever? Can’t the global economy remain static and resources put into alleviating poverty and disease instead of growing products and services?

Is this hopelessly naive?

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