Growth and Inequalities in a Physicist’s View

@article{Tartaglia2019GrowthAI,
  title={Growth and Inequalities in a Physicist’s View},
  author={A. Tartaglia},
  journal={Biophysical Economics and Sustainability},
  year={2019},
  volume={5},
  pages={1-9}
}
  • A. Tartaglia
  • Published 2019
  • Economics
  • Biophysical Economics and Sustainability
It is still common wisdom among economists, politicians, and lay people that economic growth is a necessity of our social systems, at least to avoid distributional conflicts. This paper challenges such belief moving from a purely physical theoretical perspective. It formally considers the constraints imposed by a finite environment on the prospect of continuous growth, including the dynamics of costs. As costs grow faster than production, it is easy to deduce a final unavoidable global collapse… Expand
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