{"id":1287,"date":"2010-10-15T00:00:19","date_gmt":"2010-10-15T04:00:19","guid":{"rendered":"http:\/\/www.synapse9.com\/signals\/?p=1287"},"modified":"2010-10-15T00:00:19","modified_gmt":"2010-10-15T04:00:19","slug":"the-failing-recovery-natural-diminishing-returns","status":"publish","type":"post","link":"https:\/\/synapse9.com\/signals\/the-failing-recovery-natural-diminishing-returns\/","title":{"rendered":"The failing recovery: natural diminishing returns"},"content":{"rendered":"

Marketplace Radio<\/a> said it best today, discussing why everyone is having such a hard time explaining why the economy is unresponsive to stimulus. My comment:<\/em><\/p>\n

________<\/p>\n

It was gratifying to hear you discuss our so very stubborn economic dilemma with your question for your guest, \u201cYou mean we still don\u2019t know what we don\u2019t know?\u201d And getting the simple answer \u201cYes.\u201d<\/p>\n

I\u2019ve known generally how and why the present dilemma would arise for over 30 years. \u00a0 I\u2019ve had a hard time telling you, though. \u00a0As many times as I try, you (and others) don\u2019t respond with questions. \u00a0 I hope the following helps.<\/p>\n

What I know is that the basic logic of a growth economy reverses polarity as it crosses the whole system point of diminishing returns. That\u2019s visible in the earned income growth curve, at the inflection point in the middle, indicating a reversal in the pattern of environmental response (marking the end of accelerating increase). It happens for ANY physical growth system, and for us was around 1970.<\/p>\n

That\u2019s when LOTS of things started working backwards, for natural cause, like when growth at the top stopped lifting the bottom. It\u2019s also when growth started multiplying more complications than opportunities, for another. You can readily study it, if you just start looking for what to study.<\/p>\n

That phrase \u201cnatural cause\u201d might throw you off. Sorry, it\u2019s kind of unavoidable. Physical environments are THE source of economic opportunity, and conflict. Since that turning point growth efforts have also been creating unexpected conflicts for each other rather than unexpected freedoms as before. It\u2019s a crystal clear sign of limits and the natural end of our several hundred year fabulous run of expanding luck. A time to change our thinking.<\/p>\n

The only thing preventing the discovery of real answers to this natural problem is needing to reorganize our thinking about growth. We are responding with a distinct widespread aversion to studying it. We\u2019d have to look outside our familiar concepts and issues. That is indeed asking a lot, yes. So, ask questions. Nature is asking a lot of us at the present.<\/p>\n

Maybe that\u2019s the best way to say what it is you don\u2019t know, and really need to; Nature is asking a lot of us at present. I also may be the one person who has studied it most deeply.<\/p>\n

phil www.synapse9.com<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Marketplace Radio said it best today, discussing why everyone is having such a hard time explaining why the economy is unresponsive to stimulus. My comment: ________ It was gratifying to hear you discuss our so very stubborn economic dilemma with your question for your guest, \u201cYou mean we still don\u2019t know what we don\u2019t know?\u201d … Continue reading The failing recovery: natural diminishing returns<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-1287","post","type-post","status-publish","format-standard","hentry","category-mail"],"_links":{"self":[{"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/posts\/1287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/comments?post=1287"}],"version-history":[{"count":0,"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/posts\/1287\/revisions"}],"wp:attachment":[{"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/media?parent=1287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/categories?post=1287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/synapse9.com\/signals\/wp-json\/wp\/v2\/tags?post=1287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}