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by coldtea
4438 days ago
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>The Ultimate Resource by Julian Simon [1] --the human mind has limitless potential to select and pursue the use of materials Only if those materials exist in the actual world first. So not that limitless after all. (And that's if we indeed accept that the mind's potential is "limitless", which is non-scientific mumbo jumbo). >Capitalism by George Reisman [2] -- the phenomenon of price responds to actual supply and demand, and prompts profit-seekers to develop and switch production accordingly. Says nothing about resources "not running out" -- just about distribution and demand of them, when they are available. A tribe of capitalists in a desert without water would still die of first. |
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