Dennis Meadows – Economics and Limits to Growth: What's Sustainable?

Dr. Dennis Meadows is one of the authors of the well-known 1972 book “Limits to Growth,” plus two updates of the book. He has received a number of awards for on his work, most recently the prestigious Japan Prize from the Science and Technology Foundation of Japan.

Dr. Meadows recently gave a talk for the Population Institute. Both the presentation and a podcast of Dr. Meadows giving his talk can be downloaded from the Population Institute site. In this post, I summarize what I understand Dr. Meadows to be saying in that talk. Readers with time are encouraged to listen to the Podcast and look at the presentation themselves. Dr. Meadows did not cover all of his slides in his talk. This post relates only to those that he did cover.

Dr. Meadows recently gave a talk for the Population Institute. Both the presentation and a podcast of Dr. Meadows giving his talk can be downloaded from the Population Institute site. In this post, I summarize what I understand Dr. Meadows to be saying in that talk. Readers with time are encouraged to listen to the Podcast and look at the presentation themselves. Dr. Meadows did not cover all of his slides in his talk. This post relates only to those that he did cover.

The number one take-away for me from this talk is The end of growth does not come from depletion, but from rising capital costs. In some ways, this is intuitive. When you put this statement together with the work I have been doing that shows that debt cannot continue rising in the face of peak oil, it makes this issue even more important.

http://www.theoildrum.com/node/6094