Tag Archives: digression
Digression: Bad Economics Good for Conservation?
This digression takes another journey over ground traversed in the post “Digression – Resource Consumption, jobs, and ‘Hands Off’ ” and in the Foreword.
In the foregoing discussion of pensions there appears to be a contradiction – the current trend of pension payments threatens severe economic dislocation, but such dislocation slows throughput and conserves wealth. … Read more
Digression: Fast Breeder Nuclear Fission Reactors
This technology promises to expand the amount of fissionable fuel available from natural uranium by a factor of about 60, by “breeding” more fuel than it consumes. This doesn’t change the non-renewable nature of the total uranium resource, but it does promise to make it so abundant as to encourage a casual attitude towards energy conservation. … Read more
Digression: Depletion and Inflation
Throughput of resources, a first derivative of wealth, is of two kinds, gross and net. Net throughput is the flow of goods and services in the economy. Gross throughput is net throughput plus the resources required to extract and process wealth into these goods and services. … Read more