Ms. Lucas misunderstands

We know that infinite economic growth simply isn’t compatible with a planet of finite resources, and we also know that the treatment of environmental concerns as “externalities” in pursuit of never-ending GDP increases is incredibly damaging.

We don’t deliberately treat environmental concerns as being something outside our area of concern. Instead, we note that GDP, and other market based measures, don’t capture externalities very well – that’s actually what the word means, that these righteous and just concerns are external to market processes.

We then try to shoehorn them into our decision making process as best we can, there are entire libraries stocked with discussions of this very point. Usually, by adding the price of them to those market processes.

12 comments on “Ms. Lucas misunderstands

  1. Blind Spot eco-freakery on your part Tim.

    Wilful and deliberate socialist wickedness on Lucas’s part .

    Resources are not finite.

    Back in the late 60s the eco-shite was that Africa could never have a telephone network to equal the USA’s cos there wasn’t enough copper left for the wires that would be needed.

    First of all that was a lie to begin with. There was enough copper. But soon ways were worked out to use the much more abundant aluminium in place of lots of jobs copper did. And new deposits of copper were found and new ways to make less economic deposits of copper (already known about) economically viable to mine.

    Then fibre-optic cables and lasers came along and then satellites and mobiles and all the rest.

    In terms of the desired end product there are ultimately no resource limits.

    Lucas is thick but much more so she is evil. To learn the above would not be hard for her.

    But she prefers the agenda of evil.

  2. “Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.” – some dead crypto-Gay Fellow Traveler.

    It seems to apply to journalists too. This sort of Club of Rome sh!t is better suited to bad apocalyptic movies from the Seventies than serious discussion among adults.

  3. The worst nightmare of the Greens, is the discovery and implementation of a truly free and limitless source of energy.
    Which is why they are determined to hobble us with crap like wind and solar.

  4. The worst nightmare of the Greens, is the discovery and implementation of a truly free and limitless source of energy.

    Yes, because their agenda is control, not the environment. Still, I reckon it would take them maybe 20 minutes to come up with some other wheeze, and a further 15 minutes for the Media to pick it up and present it as the new unquestioned ‘consensus’.

  5. For all practical purposes, incoming solar insolation is infinite and unlimited. Our civilisation is not going to outlive the sun.

  6. Yes but at the moment only usable between 8am-4pm.

    And when we aren’t in the middle of snowmageddon like last Thursday.

  7. As jgh says, even if resources are finite, that’s no reason for Greens to sit back smugly and say, “I told you so”. The difference between “infinite” and “massively in excess of today’s value” is of mathematical significance only. The sun is emitting the equivalent of 600 grams of mass-energy per person per second (~55 PW, or 1.5 billion kWh/s).

  8. If the answer to a physical question is ‘infinite’ (or zero), someone’s got their sums wrong.

    As Einstein (is alleged to have) pointed out: “Only two things are infinite, the universe and human stupidity. And I’m not certain about the universe.”

  9. If the answer to a physical question is ‘infinite’ (or zero), someone’s got their sums wrong.

    I respectfully disagree: “How much bullshit is Richard Murphy capable of producing in a single blog post?”

  10. “Lucas is thick but much more so she is evil.” – shes not thick, she is in fact oh so clever, and has an english degree which she exercises with great skill – she is an enemy of humankind and an angel of the disenlightenment – she should be tarred and feathered.

    I think she would probably get my vote for ‘Worst Living Brit’ – she really is that bad.

  11. I think she would probably get my vote for ‘Worst Living Brit’ – she really is that bad.

    Not while Alastair Campbell is still alive.

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