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Ecological economist's warning on Earth's finite resources resurfaces

Original: "Mankind’s natural dowry consists of two essentially distinct elements: the stock of low entropy on or within the globe,

A widely shared passage attributed to ecological economist Nicholas Georgescu-Roegen states that humanity's natural endowment consists of two distinct elements: the finite stock of low-entropy resources on or within the planet, and the flow of solar energy. The passage argues that pursuing infinite economic growth through technology amounts to reckless spending of this irreplaceable inheritance.

Why now: Ongoing debates about ecological limits and degrowth economics keep Georgescu-Roegen's ideas relevant.

Nicholas Georgescu-Roegenecological economics

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Evidence

• "Mankind’s natural dowry consists of two essentially distinct elements: the stock of low entropy on or within the globe, and the flow of solar energy. Yet, in our pursuit of infinite economic growth through technology, we act like fantastic spendthrifts, failing to realize that… · zarionzory · 3

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