The End of Infinite Growth

In the future, economists will have a different vision of the economy and will measure success differently.

Few ideas unite left-wing and right-wing politicians like that of economic growth. We can debate all we want about how to generate growth and what to do with the money created, but the undisputed fact remains that we must pursue annual growth rates of at least 3% for there to be new money and for the economy to function minimally well. Or so tells us the overwhelming majority of politicians, economists and media outlets.

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