economic growth

Dealing with Escalating Global Resource Demands

Matthew Yglisias has a generally free market orientation and doesn’t usually focus on environmental issues.  He recently had a very interesting posting, however, about a problem that U.S. policymakers need to start thinking about: Over time, we’ve seen more and more countries engage in spurts of “catch-up” growth in which they rapidly narrow the gap …


The World in 2050: Economics and Resources

This is a second post on Laurence Smith’s new book, The World in 2050.  I posted previously about demographic projections, but the economic and resource projections are also notable.  Here are some important ones: Conventional oil is at or near its peak.  Remaining oil will be increasingly expensive to obtain. Even with improved efficiency, India …