The underlying issue is that we aren’t measuring changes in CAPITAL. In other words, economic disciplines measure income statements and not balance sheets. They do this for the same reason we don’t keep track of figures, especially tax consumption vs tax contribution …
Source date (UTC): 2020-11-26 22:41:05 UTC
Original post: https://twitter.com/i/web/status/1332092036200140800
Replying to: https://twitter.com/i/web/status/1332092035017355271
IN REPLY TO:
Unknown author
… versus decreases in harm (meaningful) for the simple reason that increases in consumption are infinite but tell us nothing other than that we’re burning the world’s resources to increase population past the point of carrying capacity.
Original post: https://x.com/i/web/status/1332092035017355271
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