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Future Economic Growth in the Face of Diminishing Resources

January 24, 2023
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The 1972 book The Limits to Growth shared a somber message for humanity: the Earth’s resources are finite and probably cannot support current rates of economic and population growth to the end of the 21st century, even with advanced technology. Although disparaged by economists at the time, it turns out that, 50 years later, the message still deserves our attention.

University of California San Diego Professor of Physics Thomas Murphy believes that although no one can say with absolute certainty that the planet will reach an unavertable crisis by the end of this century, our current trajectory is unable to continue much longer. His assessment appears in a comment paper recently published by Nature Physics.

Trained as an astrophysicist, Murphy became interested in planetary limits after teaching a class on energy and the environment. Students…

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