Principles of economics
Natural Resource and Goods Theory
Saturday, September 13th, 2008The economist George Reisman writes:
The two essential claims of the environmentalists, which I take for granted are already well known to everyone, are (1) that continued economic progress is impossible, because of the impending exhaustion of natural resources (it is from this notion that the slogan “reduce, reuse, recycle” comes), and (2) that continued economic [...]