Forget the Georgia Guidestones that predicted only 500 million people on Earth. Forget Klaus Schwab and his unelected band of intellectually challenged misfits. We can feed 8 Billion and we do. Now we need to raise their standard of living to acceptable levels so that we can all live in dignity and peace.

……………………..

…TESLA POUNDED – SHARES DROP PRECIPITOUSLY
TESLA IN THE BALANCE? THE FUTURE OF ELECTRIC CARS?

…THOMAS MALTHUS WAS WRONG — MALTHUSIANISM IS A FALSE RELIGION – A 200 YEAR OLD NARRATIVE

…FOSSIL FUELS – ANOTHER ANCIENT FALSE NARRATIVE

…BUT THERE IS A PROBLEM ON TITAN

…THE PERSISTENCE OF INCORRECT THEORIES – WHAT IS THE TARGET TEMPERATURE?

…MORE LOSS OF TRUST IN MAINSTREAM MEDIA

https://boomfinanceandeconomics.substack.com/p/boom-finance-and-economics-27th-january?

snip

THOMAS MALTHUS WAS WRONG

MALTHUSIANISM IS A FALSE RELIGION – A 200 YEAR OLD NARRATIVE

Why do people still pay so much attention to a man who was completely wrong in his economic hypothesis and who died almost 200 years ago? That is a mystery to BOOM. It seems that human beings have a natural preference for fearful narratives of DOOM and GLOOM over alternatives that portray a bright future for humankind

Malthus accurately observed that an increase in a nation’s food production would inevitably lead to population growth. However, he then made the false assumption that the growth in population would eventually outpace the growth of food production, leading to famine, warfare and disease.

He could not see the importance of innovation. He could not see that new forms of energy would be found. He could not see that further innovation would lead to rapid improvements in the use of energy. He could not see that the numbers of farm labourers would collapse as innovative machines increased productivity of each individual farm worker. He completely missed the contribution that would come from the world of mechanical engineering and energy discover

BOOM often reminds readers — False Assumptions lead to False Conclusions.

In other words, Malthus was a lousy economist. But, somehow, his ideas have continued to fascinate. Malthusian dreams are hard to kill and, by the way, he is not alone. Lousy economists are still the norm. They are the court jesters of modern life. And they still have a great deal of influence especially if they promote DOOM and GLOOM narrativ