Monday, December 22, 2025

economic growth

economic growth is an often misused word 

an economy grows 
when land is added 
and when matter is added 
and when energy is added 
and when technology is added 

when government sells land to people or companies 
then land is added to the economy 
when unusable land is colonized / agriculturized / industrialized 
such as steppes and deserts on planet earth 
then land is added to the economy 
when new land is colonized / agriculturized / industrialized 
such as land on the moon and mars 
then land is added to the economy 

when metal is mined from the ground 
then matter is added to the economy 
when asteroids are mined 
then matter is added to the economy 

when oil is drilled from the ground 
then energy is added to the economy
but the amount of oil is probably finite 
when solar cells convert sunlight into electricity 
then energy is added to the economy 
and sunlight is nearly infinite 

when technology is used to faster and cheaper move products 
then technology is added to the economy 
when technology is used to turn more sunlight into electricity 
then technology is added to the economy 

No comments:

Post a Comment

maglev roads

I have money that I'm not able to transfer to my personal account  and I would like to use a lot of that money  to invest in research an...