Are we running out of resources?

[ame=http://www.youtube.com/watch?v=AcWkN4ngR2Y]YouTube - Are we running out of resources?[/ame]

A good video on how the market handles the hysteria surrounding many of the environmental claims we here being tossed around, and almost all of the time, end up being false. Prof. Horwitz brings up a really salient point, in that, the market economizes and makes new alternatives to resources that are genuinely at their tipping point.

People tend to think that the market is weak when it comes to the environment, but I feel exactly the opposite, and strongly feel that perhaps one of the strongest features of the market is how well it can handle environmental issues. If you're skeptical, or curious, I'd strongly suggest you watch (listen) to this brilliant lecture by the brilliant Murray Rothbard, where he talks about the ostensible failure of the market in certain areas of environmental concern (deforestation, etc.).

[ame=http://www.youtube.com/watch?v=kPy9j3vtKCs]YouTube - Conservation and Property Rights (by Murray N. Rothbard)[/ame]

I like to get all of my information about availability of resources from billionaires who make money off of selling them.

IHS is just a PR front group for Koch Industries.

I like to get all of my information about availability of resources from billionaires who make money off of selling them.

IHS is just a PR front group for Koch Industries.

Could you please provide a source of information that contradicts this source without ALSO being biased as you are claiming this to be?

I like to get all of my information about availability of resources from billionaires who make money off of selling them.

IHS is just a PR front group for Koch Industries.

I like to just attack the messenger rather than actually discuss the issue(s) at hand.

I learned this shit in economics 101. I'm not supirsed most people don't know this though. My high school econ class seemed like it was designed to think that economics was about making the GDP of the USA grow or something.

People will find alternatives. IF all the oil was suddenly used up tommorow, this creates massive incentive to find a new way to travel, thus creating a whole new market to be tilled.

I learned this shit in economics 101. I'm not supirsed most people don't know this though. My high school econ class seemed like it was designed to think that economics was about making the GDP of the USA grow or something.

People will find alternatives. IF all the oil was suddenly used up tommorow, this creates massive incentive to find a new way to travel, thus creating a whole new market to be tilled.

not to mention the huge incentive to innovate.

not to mention the huge incentive to innovate.

Yes the "new way of travel" I mentioned would have to be innovative. Unless they just start making cars that run on water or something.

Personally Im hoping if oil ran out that bikes and other human powered vehicles would catch on in mass on a scale that has never been seen. Could you imagine commuting in a huge back of bikers? It would make travel personal again.

Yes the "new way of travel" I mentioned would have to be innovative. Unless they just start making cars that run on water or something.

Personally Im hoping if oil ran out that bikes and other human powered vehicles would catch on in mass on a scale that has never been seen. Could you imagine commuting in a huge back of bikers? It would make travel personal again.

Lmfao

Either that or windboards for land. Take your pick.

No but it doesn't mean we should keep over-using them till they do run out.

I like to get all of my information about availability of resources from billionaires who make money off of selling them.

IHS is just a PR front group for Koch Industries.

If the Kochs were truly evil they would scare people into thinking resources were scarce so that they could price gouge.

What's your conspiracy theory?

The gist of the video is that humanity/the market will always find a way to bail itself out of whatever situation it gets itself into, due to the profit motive. "We're running out of copper!" "That's not good, we can't make money off copper if we have no copper to sell - go out and look for more copper, and start thinking about replacements for copper that we can tap into!" Without a focus on sustainability - which is, in itself, a direct contradiction to the notion of profit through limited resources in a supply and demand chain - this is utterly endless, producers run out of one material and, thinking in their own self-interest, manage to jump ship to another, which they'll continue to exploit as long as they can/until something better comes along. It's progress progress progress without any ceasation or permenance of vision - this philosophy applied to a field will quickly see its soil turn poor and dry, and quite unable to grow crops in until it has been rested.

Humanity builds its own new field, it expands its resource production to make more room for itself... in the process, leaving less room for everything else, unless we move into colonising space to offhaul our material baggage onto planets far away. In other words, expansion for the sake of expansion - "Let's not rest this field; instead, we'll use it for something else and go conquer some more land for fields, so that we can use those resources to grow even more... then, with those resources, we may conquer more fields so that we can use the resources from those fields to grow even more!"

And so on and on it blindly continues...

Yes the "new way of travel" I mentioned would have to be innovative. Unless they just start making cars that run on water or something.

Personally Im hoping if oil ran out that bikes and other human powered vehicles would catch on in mass on a scale that has never been seen. Could you imagine commuting in a huge back of bikers? It would make travel personal again.

dude then people would have no problem getting off their bikes and causing some biker rage

If the Kochs were truly evil they would scare people into thinking resources were scarce so that they could price gouge.

What's your conspiracy theory?

Dont give them ideas now!

Im just subbing so I can watch it later, concussion messed with my ability to pay attention.

I like to get all of my information about availability of resources from billionaires who make money off of selling them.

IHS is just a PR front group for Koch Industries.

Ah right, it's a conspiracy of Austrian economists, trying to appease our corporate overlords! Damn those Austrians!

so explain why we are invading places like the middle east for their oil?

anyone with half a brain knows thats one of, if not, the major reasons we are still in iraq.

so explain why we are invading places like the middle east for their oil?

anyone with half a brain knows thats one of, if not, the major reasons we are still in iraq.

because it is still easier and cheaper to kill people to take their oil than to come up with alternatives. at some point in the future that will no longer be the case, that is when we will see alternatives. but it is more likely that the price index of oil will rise high enough to make going after "shale oil" profitable first. at 100.00 a barrel it is cheaper to get the oil elsewhere. at 200.00 (or so) a barrel they will start filtering the mud.

so explain why we are invading places like the middle east for their oil?

It's cheaper for our corporations to lobby the government to go to war and steal oil for them to sell back to us than it is for them to buy the oil outright.

War is a racket.