tag:blogger.com,1999:blog-7905729024656704090.post5552262253289622554..comments2024-03-16T10:51:29.949-04:00Comments on <center>Misunderstood Finance</center>: We Are Not Running Out Of Natural Resources: Video By Prof. Steve HorwitzMilton Rechthttp://www.blogger.com/profile/02488660316957122768noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7905729024656704090.post-30976084864982358122011-06-15T20:09:41.619-04:002011-06-15T20:09:41.619-04:00Wow, two examples of commodities that are now used...Wow, two examples of commodities that are now used more efficiently. So what? Efficiency does not equal effectiveness. What about the LIFE SUSTAINING RESOURCES, such as food, forests, water, fisheries and farm land that are all in decline? Do a video on the current conditions of the resources that support human life, not your wallet. "Efficiencies" in economics when it comes to the most important resources yield business models that reward inefficiencies that sacrifice long term sustainability for short term profits. If that wasn't true, then companies wouldn't be dumping their toxic garbage in the ocean, polluting our air, and clearing out rainforests for fuel and palm oil.Anonymousnoreply@blogger.com