Das Ende der immerwährenden Prosperität

What if the entire period from the invention of the steam engine to the invention of the internet were not the normal thing, but the abnormal thing? What if the „lost decade“ we have just gone through is actually the mean…the usual…the normal thing? And what if – after nearly 3 centuries – we have just now reverted to it? […]

But what if it isn’t normal? What if it was a once-in-a-centi- millenium event, made possible by cheap energy?

Quelle: Correcting the Growth of Human History