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To: sgtyork
In response to scarcity additional supply is provided and prices ease.

A hope and a prayer. Wars have been fought repeatedly because this mechanism often fails, because technological advancement cannot always come to the rescue.

increasing religious turmoil

I mean increasing religious turmoil. From the '40s through the '70s it was not a factor in American consciousness.

Things like the global warming measured on the planet Mars? If liberals could only explain how we are causing that. Or how the Vikings were raising crops in Greenland in the Middle ages?

Economies respond to ALL climate changes. What's new are GLOBAL changes CAUSED by human economic activity.

37 posted on 12/17/2005 9:56:46 AM PST by liberallarry
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To: liberallarry

this mechanism often fails

A myth and an illusion.
http://www.ag.auburn.edu/agec//courses/aec512/Articles/Gloom.html

In 1865 an influential book by Stanley Jevons argued with equally good logic and equally flawed premises that Britain would run out of coal in a few short years? time. In 1914, the United States Bureau of Mines predicted that American oil reserves would last ten years. In 1939 and again in 1951, the Department of the Interior said American oil would last 13 years. Wrong, wrong, wrong and wrong.


38 posted on 12/17/2005 10:01:35 AM PST by sgtyork (jack murtha and the media -- unconditional surrender used to mean the enemy surrendered)
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To: liberallarry

....the Vikings were raising crops in Greenland in the Middle ages?

Economies respond to ALL climate changes. What's new are GLOBAL changes CAUSED by human economic activity.

Enlighten me. How did Midieval human economic activity begin the global warming that enabled crops to be grown in Greenland? (hint: did they have solar power back then?)


39 posted on 12/17/2005 10:03:53 AM PST by sgtyork (jack murtha and the media -- unconditional surrender used to mean the enemy surrendered)
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