Regarding (2): I don’t have a WSJ subscription so I wonder if the article mentions Julian Simon’s Ultimate Resource II – freely available at http://www.juliansimon.com/writings/Ultimate_Resource/ – which had a similar conclusion: resources are actually infinite, and more people means even more resources, contrary to the Malthusian religion.
Nathan Myerssays:
The US since 1970 has applied the Powell Memorandum, diverting economic growth benefits to the pockets of the already extremely wealthy.
Regarding (2): I don’t have a WSJ subscription so I wonder if the article mentions Julian Simon’s Ultimate Resource II – freely available at http://www.juliansimon.com/writings/Ultimate_Resource/ – which had a similar conclusion: resources are actually infinite, and more people means even more resources, contrary to the Malthusian religion.
The US since 1970 has applied the Powell Memorandum, diverting economic growth benefits to the pockets of the already extremely wealthy.