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by beefman 1383 days ago
There's excellent theoretical and empirical support for this idea

How persistent is civilization growth? (2011) https://arxiv.org/abs/1101.5635

Can we predict long-run economic growth? (2012) https://arxiv.org/abs/1211.3102

Modes of growth in dynamic systems (2012) https://doi.org/10.1098/rspa.2012.0039

Thermodynamics of long-run economic innovation and growth (2013) https://arxiv.org/abs/1306.3554

Long-run evolution of the global economy: 1. Physical basis (2014) https://doi.org/10.1002/2013EF000171

Long-run evolution of the global economy: 2. Hindcasts of innovation and growth (2015) https://doi.org/10.5194/esd-6-673-2015

Global wealth n years after 1801 (2015) https://twitter.com/clumma/status/593890418028253185

See also:

https://en.wikipedia.org/wiki/Thermoeconomics

https://www.amazon.com/dp/1441993975