"History is a wonderful thing, if only it was true"
-Tolstoy

Sunday, April 04, 2010

Brilliant thinking

Where oh where to invest?
Areas where growth is accepted, where there is a sense of progress, and improving both one's own lot in life and the lives of others, or where we have reached "the end"?

Europe is a inhabited theme park, it's time has passed.

The Return of No-Growth Economics - Newsweek.com:

"Take the worst economic crisis in 60 years. Combine it with the erosion of the West's predominance. Add apocalyptic warnings of climate change. What you'll get are some radical new ideas.

One of those now swirling through the European zeitgeist turns out to be a very old one, albeit in new garb. It's the revival of the assertion that economic development is and should be finite—limited today by scarce resources, overpopulation, and rising sea levels."

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