Economics has been defined as the science of satisfying unlimited human demands with limited resources.
Given our druthers, most humans would choose to live the life of a billionaire; but this is clearly not possible even with our current massive abundance of surplus energy.
Luckily for us, we’ve had massive amounts of surplus energy to work with over the past 100 years and many people enjoy lifestyles that would be the envy of kings and queens not too long ago.
Okay – here’s where the story gets really interesting. Remember all these exponential graphs?
In theory there’s nothing problematic with living in a world full of exponential growth and depletion curves – as long as the world does not have any boundaries.