What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that past tends will continue? Most economists today seem to think we can rely heavily on past patterns. If we can really assume that the economy […]

via Our Finite World http://ourfiniteworld.com/2013/09/18/discontinuity-ahead-oil-limits-will-adversely-affect-the-economy/